Most Japanese firms want Bank of Japan Governor Kazuo Ueda to focus on financial market stability at his first policy meeting next week, with few seeing benefits from any easing of its ultra-loose monetary policy, a Reuters monthly poll showed
Ueda has so far signalled his intent to maintain those loose conditions, despite telling parliament this week that Japan was still on course to reach the central bank's 2% core inflation target.
"Markets are volatile, so its desirable for the new board to uphold the stability of the old one," a representative from an electrical machinery maker said, on condition the company wasn't identified.cut its global economic growth outlook Slightly less than a quarter of the Japanese firms surveyed by Reuters said they wanted a revision of the BOJ's negative interest rate policy, down from nearly a half two months ago whenFewer companies also urged the central bank to revise its inflation target, down to 16% from 28% of those polled in February.
Markets, which have been rife with speculation that Ueda will phase out that stimulus, will be closely watching his first policy meeting on April 27-28, when the BOJ board will unveil fresh quarterly growth and inflation forecasts extending through fiscal 2025.
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