The Bank of Japan is set to keep monetary policy steady on Thursday and stress its readiness to work closely with the new government led by Yoshihide Suga, who has vowed to do whatever it takes to ease the economic blow from the coronavirus. The BOJ board may also debate how the Federal Reserve’s recent shift towards a policy focusing more on jobs, which heightens the chance U.S. interest rates will stay low for a prolonged period, could affect markets. In a meeting concluding a day after Wednesday’s parliament vote officially electing Suga as Japan’s new leader, the BOJ is set to maintain its ultra-easy policy and ... (full story)