Bank of Japan tends to keep policy unchanged tomor

Aihucha News, September 21: Informa Global Markets said that overall, the balance is tilted towards the Bank of Japan not to change its monetary policy on Friday, due to concerns over whether Japan can achieve sustainable wage growth and the Bank of Japan’s There is still a lack of confidence in the inflation target, while the Bank of Japan still needs to support the ongoing economic recovery plan. And the current economic data lacks evidence to support the cancellation of the Bank of Japan’s yield curve control (YCC) policy. As was the case before previous meetings, Japanese inflation, particularly core inflation, continues to show signs of falling from its pandemic-era highs, although underlying price pressures continue to appear sticky, generally providing some support for the BOJ's narrative , that is, by fiscal year 2024 to fiscal year 2025, inflation will tend to be below the 2% inflation target.