Two-Thirds of BOJ Watchers Expect End of Negative Rate Regime by April
Bank of Japan watchers are increasingly expecting the bank to achieve its inflation target, with a growing majority forecasting authorities will end the world’s last negative rate regime by April, according to a Bloomberg survey. More than two-thirds of polled economists see the BOJ scrapping its negative rate by April, with half of the 52 respondents saying it will happen that month. In the previous survey in October, 29% saw the move coming in April. Almost all of those surveyed expect the policy board to retain the negative rate and yield curve control program when it gathers this month, with the focus falling ... (full story)
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