Thursday, July 10, 2008

The BOJ to Stand Pat

By Claus Vistesen CopenhagenMonetary policy makers are often difficult to gauge, but looking forward to the BOJ meeting come next week (Monday and Tuesday) one thing seems fairly certain; the BOJ is going to hold off its guns yet again. That was also the conclusion reached by Bloomberg as they conducted a survey of 39 economists who unanimously called it a holding operation.On the face of it the

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