TOKYO -- Investor speculation is growing that the Bank of Japan is seriously weighing an exit from its ultra-easy monetary policy.
Goldman Sachs Japan and BNP Paribas Securities (Japan) have noted that recent reports from the BOJ point to the central bank leaning toward an exit strategy sooner rather than later. "The BOJ's narrative on the effects of monetary policy had been bullish, but the tone seems to have changed significantly since this fall," said Goldman Sachs' Naohiko Baba in a Nov. 12 report.
