Bank of Japan to mull ways to make stimulus sustainable amid weak inflation - Dealers Care

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Tuesday, 31 July 2018

Bank of Japan to mull ways to make stimulus sustainable amid weak inflation

By Leika Kihara TOKYO (Reuters) - The Bank of Japan will likely trim its inflation forecasts on Tuesday and consider changes to its massive stimulus programme to make it more sustainable, reflecting a growing recognition it will take longer than expected to meet its elusive price goal. The central bank has failed to break Japan's entrenched deflationary mindset despite years of heavy money printing, with stubbornly soft inflation sapping its ammunition and global trade woes clouding the outlook for an export-reliant economy.

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