Bank of Japan May Adjust Forward Guidance Phrasing on June 16, According to Barclays

According to Barclays, on June 16, the Bank of Japan may adjust the phrasing of its forward guidance while retaining the underlying message. Barclays economists expect the BoJ to modify the current phrase "real interest rates remain significantly low" to either "real interest rates remain at low levels" or "real interest rates remain negative, particularly at the short and medium end of the yield curve."
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