Currency markets tell Kuroda he can't turn back the clock on yen
More stimulus would only slow yen rally, not reverse it, as BOJ is running out of bonds to buy
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Tokyo
CURRENCY traders are writing off Haruhiko Kuroda's ability to weaken the yen the way he did in 2014, when he expanded his record monetary stimulus programme.
While the Bank of Japan governor won't step up bond purchases at Friday's gathering, he'll have to act later in the year to get to his inflation target, according to economists surveyed in the past week by Bloomberg. A stronger currency may stymie his efforts.
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