The Bank of Japan is unlikely to make any changes to its policy stance at its November meeting next week. The two main policy options available are a further increase in the size of the Bank’s Asset Purchase Program (APP) and an extension to the maturity of eligible assets. After increasing the size of the APP by ¥5 trillion in October, there is little chance there will be a repeat just three weeks later. And extending the maturity of assets is off the cards as this was discussed and rejected at the last meeting.
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 gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services