Markets

BOJ preview - expected to remain on hold, with new inflation, growth projections

I've posted a few Bank of Japan previews already, here is another

This via Bloomberg:

  • One focus is exactly how the BOJ will meet its new target for 10-year bond yields, and the implications for its asset purchases
  • The BOJ is also widely expected to lower its inflation outlook, and extend the target date for reaching its 2 percent inflation goal beyond the end of Governor Haruhiko Kuroda's term in April 2018
  • All but two of the 43 economists surveyed by Bloomberg expect no additional easing this month
  • The two who said they expected easing both forecast a cut to the negative interest rate

Bloomberg piece in full is here, with more

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

ForEx

Latest Markets Videos