BOJ Seen Adding Stimulus by June as 2% Inflation Elusive
This article is for subscribers only.
The Bank of Japan will expand its record easing by June next year as inflation remains distant from its 2 percent target, according to a survey of economists by Bloomberg News.
Twenty of 26 analysts expect more stimulus in the next 10 months, while all said the bank would keep policy on hold at a two-day meeting starting today. Consumer prices excluding fresh food, the BOJ’s preferred measure of inflation, rose 0.4 percent in June.