BOJ decides to trim bond buying, tilts to policy normalization

The Bank of Japan decided on Friday to reduce its bond purchases in another policy shift toward policy normalization, keeping market expectations alive for another interest rate hike as the yen's sharp decline threatens to accelerate inflation.Following a two-day policy meeting, BOJ Chief Kazuo Ueda left markets speculating about the speed and scale of the central bank's bond purchase tapering. A detailed reduction plan for the next year or two will be unveiled at the upcoming meeting in July.Until then, the BOJ will stick to its current buying plan of around 6 trillion yen ($38 billion) a …READ FULL ARTICLE