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Politics of monetary easing likely to shrink BOJ's wiggle room

Analysts say the fear of further falls in the value of the yen and retaliatory actions are likely to limit further exercises in monetary easing by Japan's central bank

The Japanese flag flies over the Tokyo headquarters of the BOJ, the monetary-easing programme of which has sunk the value of the yen, and pulled down Asian economies such as South Korea's.


THE Policy Board of the Bank of Japan (BOJ) is due to meet on Wednesday against a backdrop of rising domestic and international concerns over the "politics" of aggressive monetary easing of the kind the Japanese central bank, the European Central Bank and others are now engaged in