Bank of Japan seen revising down assessment on consumption, output at March meeting

Bank of Japan headlines via Reuters, the news citing unnamed sources:

  • BoJ
    likely to maintain forecast for moderate economic recovery, according
    to sources
  • BoJ seen revising down assessment on consumption, and factory output at the March meeting on the 18th and 19th


  • Weak household spending, auto disruption weighing on
  • Output plunge likely to prod BOJ to downgrade view on
  • BOJ likely to maintain forecast of moderate economic
  • Downgrades unlikely to affect timing of exit from stimulus say the sources

USD/JPY has barely moved at all on these headlines, Its around 1499.98 and sitting pretty much in the middle of its small range for the day.

This article was written by Eamonn Sheridan at Source