-
BOJ to debate signs of progress towards price goal, policy seen steady
The Bank of Japan is widely expected to retain its ultra-easy monetary settings on Tuesday, as policymakers assess the progress made by the economy towards meeting the conditions for phasing out the decade-long accommodative policy. While the BOJ has its eyes set on ending negative interest rates, many in the bank likely prefer to spend more time determining whether wage increases will broaden enough to keep inflation sustainably at its 2% target, sources have told Reuters. None of the economists polled by Reuters expect the central bank to end its negative rate policy at the conclusion of its two-day meeting on ... (full story)