Kuroda's Stimulus Toolkit: Here Are Options for Bank of Japan
- Purchasing more Japanese government bonds is one easy choice
- Property trusts, municipal debt and stocks could be considered
Japanese 10,000 yen banknotes are arranged for a photograph.
Photographer: SeongJoon Cho/BloombergThis article is for subscribers only.
With expectations building that the Bank of Japan may further boost stimulus to keep its reflation program on track, here are some of the obvious -- and not so obvious -- choices available to Governor Haruhiko Kuroda.
While a third of economists surveyed by Bloomberg expect no further increase in asset purchases from Kuroda’s BOJ, 44 percent forecast a change in policy at the central bank’s meeting on Oct. 30. The remainder think the BOJ will make a move sometime between December and April.