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9 Mar 2023
BoJ Preview: There is a certain amount of uncertainty in Kuroda’s last policy – Commerzbank
Tomorrow will be the last BoJ meeting under the leadership of the departing Governor Haruhiko Kuroda. Will the departing governor leave with a big bang? Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank, reports.
Kuroda’s final bang?
“I am not part of the camp of all those who expect a major change of monetary policy tomorrow.”
“Anyone trying to predict their approach with the rules of logic will only ever be able to project some of the BoJ’s actions. There is still a lot that is beyond rational explanation and that makes BoJ meetings tense.”