BoJ weighs further stimulus as tax hike bites

The Bank of Japan
The Bank of Japan

Japan’s central bank is weighing up possible additional stimulus measures, but the outlook is being complicated by the impact of a consumer tax hike that kicked in on October 1.

Economists think the central bank is likely to keep its policy rate unchanged at its October 30–31 meeting.

The Bank of Japan (BoJ) is reluctant to move deeper into negative interest rates, as it is concerned over financial institutions’ earnings. Meanwhile, the central bank will likely seek to identify the impact of

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