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Japan press: Election complicates June BOJ decision

In the Nikkei overnight, a piece looking ahead to the June BOJ meeting (June 15 and 16)

It says:

  • The July upper house election will likely complicate the delicate decision the Bank of Japan will have to make when its policy board meets in mid-June

While the BOJ insists the election will not have an impact of any decision, the article also quotes an unnamed source at a Japanese bank saying a move is more likely at the July BOJ meeting than June. July is when the BOJ updates its outlook for the economy.

I'm sure there will be plenty of to and fro talk ahead of the June meeting, and I'm not taking any moves off the table just yet.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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