The Traderszone Network

Published in TZ Latest News 18 January, 2015 by The TZ Newswire Staff

BOJ faces crunch time as oil slump threatens inflation target

Bank of Japan policymakers gathering for a rate review this week will face the daunting task of coming up with a reason why they can hold off on expanding stimulus for now, even as slumping oil prices keep inflation further away from their 2 percent target. Less than three months ago, the BOJ justified its shock expansion of “quantitative and qualitative easing” (QQE) as aimed at preventing oil price falls, and a subsequent slowdown in price rises, from weighing on inflation expectations.

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