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Tokyo Whale Preps More Easing As Japanese Services Sector Collapses. South Korea GDP Plunges
The Bank of Japan is considering whether to roll out more easing, according to Jiji, although it's not entirely clear what "more" even means in this context.
The BOJ long ago crossed into policy Neverland, both figuratively and, to let Haruhiko Kuroda tell it, literally. (Kuroda famously likened himself to Peter Pan in 2015.)
The bank upped its ETF purchases in response to the coronavirus crisis last month and on Thursday said this month's policy meeting will be shortened from two days to one.
