ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Stock plunge spurs talk of fresh easing but BOJ's tools limited

Global economic turmoil clouds Japan's plan to escape deflation

Bank of Japan Gov. Haruhiko Kuroda attends the Paris Europlace International Financial Forum in Tokyo on Nov. 19. The governor has few options remaining should further monetary easing be deemed necessary.   © Reuters

TOKYO -- Economists increasingly expect the Bank of Japan to adopt further monetary easing next year as tumbling stock prices worldwide jeopardize the central bank's road map for escaping deflation, but the BOJ has very few tricks still up its sleeve.

The Nikkei Stock Average closed Wednesday at 19,327 -- up 171 points from the previous session, but 4,943 points under the year-to-date high reached in October. The index even fell below 19,000 briefly during trading Wednesday.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more