Bank of Japan still has more to do

The policy tweaks the Bank of Japan announced today are mainly aimed at ensuring that the existing volume of asset purchases can be maintained rather than constituting a genuine expansion in stimulus. But we think policymakers will come under pressure to step up the pace of easing before long.

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.