Economics
Economists Think Easing Is BOJ’s Next Action
- Majority of economists see more easing as Kuroda’s next move
- Survey shows unanimous view that BOJ won’t act at June meeting
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A majority of economists now see the Bank of Japan expanding stimulus as its next move, with a strengthening of the yen from Federal Reserve rate cuts seen as a key factor for triggering action, according to a Bloomberg survey.
While all 50 polled economists expect no policy change at the two-day meeting ending on June 20, 62% of them think the central bank will ramp up easing measures as its next step, compared with 48% in April, the survey showed.