Japan Keeps Defying Fed-Led Consensus on Rate Hikes: Eco Week
- Central bank will probably stick with negative interest rate
- Fed’s preferred inflation measure, German Ifo confidence due
Haruhiko Kuroda
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
The Bank of Japan in the coming week is widely expected to stick with the negative interest rates that set it apart from the world’s other major central banks.
At the decision due on Tuesday, Governor Haruhiko Kuroda will reiterate his out-of-sync stance that monetary stimulus must stay in place to secure lasting inflation.