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Preview - BOJ to keep policy steady, reassure markets stimulus exit still distant

Reuters  |  TOKYO 

By Leika KiharaTOKYO (Reuters) - The Bank of Japan is set to keep monetary settings unchanged on Friday and reassure markets it will lag way behind the Federal Reserve in dialling back its massive stimulus programme, with inflation stubbornly low despite a strengthening economy.Governor Kuroda will also dispel market speculation the BOJ is engaging in "stealth tapering" by stressing that the recent slowdown in the bank's bond buying is not intentional and simply the result of a stable bond market, say sources familiar with its thinking."The slowdown came as a result of our policy of guiding ...

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First Published: Wed, June 14 2017. 08:55 IST