BOJ holds fire as Shirakawa era ends, braces for new leadership

TOKYO (Reuters) – The Financial institution of Japan kept monetary coverage unchanged on Thursday, maintaining fireplace to wait for new leaders who are anticipated to usher in bolder measures to take a look at to end nearly twenty years of gentle deflation. The end result was once by way of unanimous vote and in line with market expectations. Buyers suppose new stimulus measures will come on the BOJ's subsequent assembly on April 3-four, when Asian Building Financial institution President Haruhiko Kuroda, a vocal advocate of aggressive easing, is expected to have taken over as governor. …