BoJ: No changes to its accommodative stance – UOB

Lee Sue Ann, Economist at UOB Group, suggests the BoJ would keep the monetary conditions unchanged at its meeting this week.

Key Quotes

“The BoJ is not expected to tighten policy anytime soon and will maintain its massive stimulus in the next few years.”

“Concerns tilted to the BoJ having reached the limits of its monetary policy and will remain in a holding pattern until at least April 2023.”