Bank of Japan to place less emphasis on inflation rate when setting monetary policy

Reuters carried this report, citing unnamed sources for their information:

• The Bank of Japan is shifting to a more discretionary approach in setting policy
• less emphasis on inflation … “Various data must be scrutinised, not just the inflation outlook” . such as consumption, wages and the broader economy

BOJ next meet on April 25 & 26, and will issue fresh quarterly growth and CPI projections

• BOJ is expected to project inflation to stay around its 2% target through early 2027

More at that link above, worth a read if you are interested.

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Dats ahead for the BOJ:

This article was written by Eamonn Sheridan at www.forexlive.com.