The Traderszone Network

Published in TZ Latest News 28 October, 2015 by The TZ Newswire Staff

Bank of Japan seen holding fire as output rebound offers some relief

The Bank of Japan is expected to hold monetary policy steady on Friday even while diluting its rosy inflation forecasts, sources say, clinging to the hope a tightening job market will underpin consumption and help the economy emerge from a soft patch. Some BOJ policymakers have worried that sluggish demand in emerging Asian markets could hurt output and corporate sentiment enough to delay planned capital investment and wage hikes.

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