BoJ to bid farewell to stimulus era with review

Lessons learnt: The BoJ’s headquarters in Tokyo. The central bank is set to release analysis about the radical stimulus it used to shock Japan out of deflation. — Bloomberg

TOKYO: The Bank of Japan (BoJ) will release next month its findings on the pros and cons of the various unconventional monetary easing tools used in its 25-year battle with deflation, in another symbolic step towards ending its massive stimulus.

While the BoJ has said the outcome of the review will not have direct implications on near-term monetary policy, it will likely include findings and surveys that justify its plan to steadily proceed with policy normalisation.