• SHARE

An increasing number of economists think Bank of Japan Gov. Haruhiko Kuroda won’t budge in the final lap of his term, in sharp contrast to lingering market speculation that a pivot toward policy tightening may be near to hand.

All 47 economists said the central bank will keep its yield curve control and asset purchases unchanged at the end of a two-day meeting on July 21, according to a Bloomberg survey. Only 14% expect a policy tightening before Kuroda ends his decade-long stint in early April, dropping from 22% in the survey last month.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)