BoJ: No fireworks offered – TDS

At the December monetary policy meeting, BoJ kept monetary policy unchanged, although the bank sounded more upbeat on consumption and capex, according to analysts at TDS.

Key Quotes

“On business investment, the BoJ changed the word “moderate” to characterize an “increasing trend”. For private consumption, the bank noted it has been “increasing moderately”, a slightly more positive view than “increasingly resilient” in October.”