The BOJ's two-day meeting concludes tomorrow. For all practical purposes, there is no chance of a change in policy. At last week's G20 meeting Kuroda made it clear that the aggressive stance is needed for some time. He was quoted in the papers saying, "There is still a long way to achieve the 2% inflation target, but risks are skewed to the downside." Many observers, looking for any drama whatsoever, have focused on one of the two deputies, who ostensibly could dissent in favor of more easing measures. During his confirmation hearings, Deputy Governor Wakatabe expressed doubts about the BOJ's forecast that the 2% ... (full story)