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

  • The BoJ March meeting is on the 18th and 19th

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

More:

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

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.

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