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What To Expect From BoJ? - Views From 11 Major Banks
The following are the expectations for today's BoJ meeting as provided by the economists at 11 major banks and some thoughts on the JPY into the event as provided by the FX strategists at these banks. Barclays: We have frontloaded our BoJ easing call to the 30 October 2015 meeting from the April 2016 meeting due to the downward revisions in corporate inflation expectations. While our baseline call is for end-October, we also see a risk of preemptive action as early as at this week’s BoJ meeting (Wednesday). With regards to specific easing measures, we expect the BoJ to 1) increase the annual pace of monetary base ... (full story)