FOREX.com: "Earlier this month Tokyo increased the sales tax in Japan to 8% from 5%, which could hinder the BoJ’s efforts to spur inflation. However, it’s too soon to see what the exact effects of the tax hike will be, hence despite some recent disappointing economic data out of Japan, the BoJ will likely opt to wait until it can assess the impact of the tax hike on the economy before possibly choosing to ease more aggressively."
'via Blog this'
