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Preview: BOJ Likely On Hold, But Open To Further Easing
The BOJ will likely leave monetary policy unchanged when its policy board meets, but the central bank will keep open the option of further easing should a rise in global uncertainty threaten the nation's economic recovery, economists and people familiar with BOJ's thinking say. The BOJ will announce the result of the meeting sometime between 0300 GMT-0500 GMT. Late October, the BOJ decided to boost the size of its asset purchase program by Y5 trillion to Y55 trillion. Since the BOJ will hold the meeting less than three weeks after the previous meeting, policy-board members will likely focus on examining the effects ... (full story)