The Bank of Japan will almost certainly maintain its current policy settings at the conclusion of the second of this month’s two Board meetings on Wednesday. However, there should still be plenty of interest in the Board’s updated forecasts for growth and inflation, which will include the first projections for FY 2016. The headlines usually look no further than the median forecasts, but the diversity of views could actually tell us more about the outlook for monetary policy. We continue to expect substantial further easing in 2015, which should weaken the yen and revive the Nikkei.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services