BOJ to maintain stimulus but with waning conviction of success

April 7, 2015 9:00 PM

63 0

TOKYO, April 8 (Reuters) - Bank of Japan policymakers will likely vote on Wednesday to continue their asset-buying spree launched two years ago, but with waning conviction of success as inflation slows further from their ambitious 2 percent target and the economy struggles.

When it launched its massive stimulus programme in April 2013, the BOJ pledged to achieve 2 percent inflation in roughly two years in a country mired in 15 years of deflation.

Read more

To category page