The Bank of Japan is expected to leave its main policy levers untouched Tuesday as it assesses a raft of measures already taken to support the pandemic-hit economy.
The BOJ is likely to leave interest rates and asset purchases unchanged at the end of its two-day meeting, which began Monday. Officials will consider the impact of measures taken so far to soften the impact from the virus and don’t see a pressing need now for any further major moves, people familiar with the matter said.
Many economists surveyed by Bloomberg expect the estimated size of a BOJ loan program linked to government lending to rise after Prime Minister Shinzo Abe’s administration announced an expansion of the lending measures last month.