A Third of Economists Expect BOJ to Bolster Rates Pledge in July
- Three-quarters of 47 surveyed analysts see easing as next step
- BOJ decision comes day before widely expected rate cut by Fed
Haruhiko Kuroda
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
Roughly a third of polled economists expect the Bank of Japan to strengthen its pledge on future interest rates at next week’s meeting, according to a Bloomberg survey.
Amid a global about-turn in central bank policy toward more stimulus, some 77% of 47 analysts predicted the BOJ’s next policy move will be additional easing, up from 62% last month, the survey also showed.