Markets are focusing on the release of the BOJ's twice-yearly outlook, expected at 3 p.m. (2 a.m. EDT), for clues on how confident policymakers are about meeting its target of driving the inflation rate to 2 percent in about two years. The BOJ's widely expected decision to push on with the stimulus it launched in April came after the U.S. Federal Reserve maintained its own massive bond-buying program and nodded to weaker economic signals due in part to a fiscal fight in Washington. To meet its inflation goal, the BOJ aims to double base money by asset purchases over the next two years. The BOJ may raise its for forecast core consumer inflation to 2 percent for fiscal 2015, although that is a close call as some board members are skeptical on whether price growth will pick up so quickly.
via Business News - Yahoo Finance http://finance.yahoo.com/news/boj-stands-pat-policy-focus-054344973.html
0 commentaires:
Enregistrer un commentaire