BoJ: Kuroda not ruling out additional stimulus - ANZ

Analysts at ANZ explained that there is reasonable speculation the BoJ will deliver additional stimulus this week in perhaps a coordinated effort with fiscal policy.

Key Quotes:

"And Governor Kuroda certainly didn’t rule that out in comments at the weekend’s G20 meeting"

"But one thing certainly doesn’t look on the agenda (for now at least) – helicopter money. Reiterating a message from earlier in the month, he actually noted that ‘helicopter money’ is “forbidden in developed nations – including Japan”. That’s pretty clear cut!"

Japan Imports (YoY) registered at -18.8% above expectations (-19.7%) in June

Japan Imports (YoY) registered at -18.8% above expectations (-19.7%) in June
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