Decision-Day Guide: Kuroda View on Yields in Focus as BOJ Meets
- All analysts surveyed by Bloomberg expect no major change
- Key will be guidance for operations to control bond yields
Decision Day: What to Expect From the Bank of Japan
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The Bank of Japan on Tuesday will conclude its first policy meeting since Donald Trump’s election victory last month reset the global market landscape, triggering a surge in bond yields and a slide in the yen.
All 39 economists surveyed by Bloomberg forecast no action from the BOJ this week. Many cited a brighter outlook for inflation because of the yen, which is trading around the weakest level since February after the Federal Reserve raised its policy rate.