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BOJ to Tighten Monetary Policy in January, Economists Believe

Japanese national flag is hoisted atop the headquarters of Bank of Japan in Tokyo

Once upon a time, in a sea of contrasting global economic currents, there was a glittering island nation - Japan. Some of newest forecasts hint that at the dawn of the upcoming year, this economic archipelago might indulge in a high-stake gamble. Ready to cast aside its long-held, loose monetary policy and replace it with a sturdier alternative—as suggested by a pack of 20% economists sparking off the Reuters poll.

In the elvish realm of finance and economy, the Bank of Japan (BOJ) has been maintaining a liberal, loose monetary policy. It's been their safeguard, their magic shield against dwindling inflation rates and capricious economic winds. But as per a recent oracle-like prediction in a Reuters poll, this might this colossal shield might be set aside come January.

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