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BOJ leaning towards easing monetary policy next week, but not done deal – sources

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littlekracker



BOJ leaning towards easing monetary policy next week, but not done deal – sources
By Gerry Davies || March 10, 2010 at 11:01 GMT


USD/JPY been up to 90.50, presently at 90.45.

Reuters reports, that according to sources, the BOJ is leaning towards easing monetary policy again next week. But there is said to be disagreement among the seven policymakers on it’s board on how to justify such a move.

The BOJ meets March 16/17.

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Now this is a meeting that would be fun to see what the outcome will be

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