Flash Review: BOJ Surprised The Market Again, And Left Its Policy Unchanged In January  

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Flash Review: BOJ Surprised The Market Again, And Left Its Policy Unchanged In January  

by Brunello Rosa and Nato Balavadze

18 January 2023

In this paper we discuss:

1. The BoJ’s latest assessment of the Japanese economy including the impact of the energy crisis;
2. What the BoJ decided at its January monetary policy meeting and could do in coming months;
3. How the BOJ changed its macroeconomic projections since the October outlook; and
4. The market implications of all the above.

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Download PDF: BOJ Review – January 2023

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