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Overwhelming Majority See More Stimulus From Kuroda This Week

From bloomberg.com

Haruhiko Kuroda hasn’t faced such intense expectations for more monetary stimulus anytime since his debut meeting as Bank of Japan governor in 2013. Thirty-two of 41 analysts forecast that Kuroda and the BOJ board will expand their record program at the two-day meeting ending on July 29, according to a Bloomberg survey conducted July 15-22. That is the highest percentage of respondents in any poll since his first decision more than three years ago, when economists were unanimous in estimates that Kuroda would add to easing. An increase in purchases of exchange-traded funds remains the most likely area for a boost, ... (full story)

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