Japan Bank to assess raising interest rates next week and may reveal bond purchase reduction plan, sources say.

CNN Brasil

Japan Bank to assess raising interest rates next week and may reveal bond purchase reduction plan, sources say.

The Bank of Japan may discuss raising interest rates when it meets next week and may reveal a plan to reduce purchases of bonds by about half over the next few years, sources said, signaling its determination to gradually reduce its massive monetary stimulus. The decision on interest rates will depend on how long members of the monetary authority council want to wait to find out if consumption will recover and keep inflation stable around the ba…