CNBC Street Signs - Tanvir & I decode what the BoJ thinking is behind decision to stay on hold.

The BoJ chose to do nothing,  On the one hand it is afraid to raise rates and then being surprised in a few months when tariffs create deflationary pressure so it has to reduce rates again.  On the other hand, if it doesn't raise rates the yen weakens and imported inflation may stops consumers turning wage gains into real demand growth.  CNBC Street Signs