Former Bank of Japan (BoJ) official Takashi Kozu was reported by Reuters, as saying that he doesn’t expect another tweak in the BoJ’s monetary policy anytime soon.
Additional Comments:
“It will take time for the BOJ’s next policy step given the need for a consensus from the nine board members.”
“The BOJ has reached a limit to the ambiguous rhetoric used in July, which can’t be repeated anymore. The next move will have to be explained based on fundamentals.”
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