Bank of Japan unlikely to tighten anytime soon

The BoJ left policy settings unchanged today and lifted its GDP forecasts for the next two years. Even though we expect inflation to approach the 2% inflation target next year, we doubt that the Bank will be able to tighten policy anytime soon as the tailwind from a weaker yen will prove short-lived.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.