-
BOJ Seen Waiting on Fed Before Any Action: Decision Day Guide
The Bank of Japan is widely expected to sit tight at its meeting on Tuesday as it waits to assess the impact of a looming Federal Reserve decision before considering any measures of its own. Some 81% of 47 economists surveyed by Bloomberg see the BOJ sticking with its current policy settings at the meeting, while 19% predict additional easing. The meeting comes the day before the Fed is widely expected to cut U.S. interest rates for the first time in more than a decade. While the vast majority of analysts think the BOJ will want to conserve its scarce firepower for now, a key focus will be the BOJ’s stance on ... (full story)