Bank of Japan May 21 Policy Survey

All 32 economists surveyed by Bloomberg News forecast the Bank of Japan will keep policy on hold at the meeting on May 20-21.

===============================================================================
                                    Monetary    JGBs    ETFs  JREITs     Excess
Economist & Firm                   Base(Tln)   (Tln)   (Tln)   (Bln)    Reserve
===============================================================================
                                          -------Annual Target (JPY)-------
Current BOJ Target                     60~70      50       1      30       0.1%
-------------------------------------------------------------------------------
BofA Merrill Lynch: M. Kichikawa       60~70      50       1      30       0.1%
Barclays Capital: K. Morita            60~70      50       1      30       0.1%
BNP Paribas: R. Kono                   60~70      50       1      30       0.1%
Capital Economics: M. Thieliant        60~70      50       1      30       0.1%
Credit Agricole: K. Ogata              60~70      50       1      30       0.1%
Credit Suisse: H. Shirakawa            60~70      50       1      30       0.1%
Dai-ichi Life: H. Kumano               60~70      50       1      30       0.1%
Daiwa Research: M. Kumagai             60~70      50       1      30       0.1%
===============================================================================
                                    Monetary    JGBs    ETFs  JREITs     Excess
Economist & Firm                   Base(Tln)   (Tln)   (Tln)   (Bln)    Reserve
===============================================================================
Daiwa Securities: M. Noguchi           60~70      50       1      30       0.1%
HSBC Holdings: I. Devalier             60~70      50       1      30       0.1%
Itochu Corp: Y. Maruyama               60~70      50       1      30       0.1%
Japan Macro Adv: T. Okubo              60~70      50       1      30       0.1%
Japan Research: Y. Shimoda             60~70      50       1      30       0.1%
JPMorgan Chase: M. Kanno               60~70      50       1      30       0.1%
Meiji Yasuda: Y. Kodama                60~70      50       1      30       0.1%
Mitsubishi UFJ Sec: N. Muguruma        60~70      50       1      30       0.1%
Mitsubishi BCR: Y. Shimanaka           60~70      50       1      30       0.1%
MURC: S. Kobayashi                     60~70      50       1      30       0.1%
Mizuho Research: H. Takata             60~70      50       1      30       0.1%
Mizuho Securities: Y. Ueno             60~70      50       1      30       0.1%
NLI Research: Y. Yajima                60~70      50       1      30       0.1%
Nomura Sec: N. Matsuzawa               60~70      50       1      30       0.1%
Norinchukin Res: T. Minami             60~70      50       1      30       0.1%
Okasan Securities: M. Suzuki           60~70      50       1      30       0.1%
RBS Securities: J. Nishioka            60~70      50       1      30       0.1%
===============================================================================
                                    Monetary    JGBs    ETFs  JREITs     Excess
Economist & Firm                   Base(Tln)   (Tln)   (Tln)   (Bln)    Reserve
===============================================================================
Shinshu Univ: A. Makabe                60~70      50       1      30       0.1%
SMBC Friend: M. Iwashita               60~70      50       1      30       0.1%
SMBC Nikko: C. Morita                  60~70      50       1      30       0.1%
Sumitomo Mitsui: H. Muto               60~70      50       1      30       0.1%
Tokai Tokyo Sec: K. Sano               60~70      50       1      30       0.1%
Totan Research: I. Kato                60~70      50       1      30       0.1%
UBS Securities: D. Aoki                60~70      50       1      30       0.1%
===============================================================================

To contact the reporters on this story: Masahiro Hidaka in Tokyo at mhidaka@bloomberg.net; Minh Bui in Hong Kong at mbui@bloomberg.net James Mayger in Tokyo at jmayger@bloomberg.net

To contact the editor responsible for this story: Paul Panckhurst at ppanckhurst@bloomberg.net James Mayger

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.