Abe advisor Hamada says the BOJ should wait for the Fed

Advisor to Japanese Prime Minister Abe, Koichi Hamada

• Says the Bank of Japan should wait for the Federal Reserve before acting itself

via Bloomberg

The BOJ announce their September decision on September 21 ... and then the Fed follows a few hours later. So Hamada reckons the Bank of Japan should wait ... he says the BOJ risks having any extra easing decision overshadowed if the Fed leaves rates unchanged in September.

Huh ... hate to say it ... Hamada is probably right. Then again, after the January debacle, can the BOJ do anything right?

ps. the next BOJ meeting after September is October 31/November 1.