The following are the expectations for the Bank of Japan's May policy decision as provided by the economists at Goldman Sachs, Bank of America Merrill Lynch, Credit Suisse, Barclays Capital, and other leading banks. GS: We do not expect any change in policy (base target at ¥270T, same as consensus and previous). Given the time lag in price data releases, we see a growing possibility that the BOJ will wait until the October Outlook Report to take additional easing action, but we still think it could take further action at its July meeting. First, the BOJ is starting to put in place a framework for monitoring prices ... (full story)