BOJ considering a comprehensive review of long-term easing - report

The Bank of Japan will consider a long-term review of the impact of its easing policies, according to a report in the Sankei newspaper.

This week's meeting will be the first with new Governor Kazuo Ueda and a long-term review will be a topic up for discussion. This development is no big surprise and it doesn't necessarily hint at a shift in policy. Ueda earlier this month said it would be a good idea to conduct a comprehensive review as other central banks do.

The more-intriguing question for the April 28 decision is whether the BOJ shifts from ultra-easy policy but an April 21 report from Reuters said that no change was likely, citing sources, including no changes to guidance.

This article was written by Adam Button at www.forexlive.com.

from Forexlive RSS Breaking News Feed https://ift.tt/gqbdEDx
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