TOKYO -- The Bank of Japan will stay the course on monetary easing even as it predicts inflation will approach its 2% target in April, with costlier commodities and a weak yen doing more to raise consumer prices than years of BOJ efforts.
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Though a weak yen can be a boon for Japan's economy, which relies heavily on exports, it also increases the price of imports in the country in a blow to households and businesses alike. © Reuters
TOKYO -- The Bank of Japan will stay the course on monetary easing even as it predicts inflation will approach its 2% target in April, with costlier commodities and a weak yen doing more to raise consumer prices than years of BOJ efforts.