BOJ likely to trim bond buying by ¥2 trillion per month, says former policymaker

  • BOJ may raise rates to 0.5% by end of next year
  • That is if economy and prices move in line with forecasts
  • BOJ likely to forgo raising rates in July and wait at least until September

For some context, the BOJ is currently purchasing around ¥6 trillion per month. And they will continue with that pace until the July meeting.

This article was written by Justin Low at www.forexlive.com.

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