The Bank of Japan started a two-day policy meeting Wednesday amid speculation it will introduce a new monetary easing scheme and further ease monetary policy to achieve its 2 percent inflation target.
At the first meeting chaired by new Gov. Haruhiko Kuroda, the nine-member Policy Board is likely to discuss the idea of integrating its two longer-dated bond-buying programs into one to make the bank’s monetary easing more transparent for the market and enhancing its economic impact.
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