BOJ seen holding off more stimulus for now unless yen rises sharply - Reuters poll

BOJ seen holding off more stimulus for now unless yen rises sharply - Reuters poll
 

The Bank of Japan is expected to wait until next year before easing policy further unless any sharp spikes in the yen undermine the economy significantly in the meantime, a Reuters poll found.
Last month the central bank switched the focus of its stimulus programme to targeting market interest rates after years of massive asset buying failed to push up inflation.
About 70 percent of the analysts who answered an extra question said the BOJ would add more stimulus at its January meeting or later, while a handful of analysts predicted the central bank would ease further at its Oct. 30-Nov. 1... read more

 
11 October 2016 in Business, Views: 33
Source: Reuters
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