Bank of America: Trade agreement reduces uncertainty, Bank of Japan may adjust policy tone this week

According to Golden Finance, economists from Bank of America stated in a report that the Bank of Japan may send a signal that its stance will shift towards a less moderate stance. The market generally expects that the Bank of Japan will maintain its policy rate of 0.5% unchanged at this week's monetary policy meeting. But considering Japan's recent trade agreement with the United States, it may adopt a less moderate tone. This agreement reduces a huge uncertainty, which the Bank of Japan has pointed out as a reason for delaying tightening policies. (Golden Ten)