The Bank of Japan is showing no signs of shifting to a more dovish stance, despite the impending sales tax hike and moves towards easing by the Fed (and the ECB). As long as there is no sharp downturn after the tax hike in October, it will keep key policy settings unchanged for the foreseeable future.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services