Economics
Most Economists See Bank of Japan Holding Off Major Action in June
- Some 71% of analysts say bank has done enough to aid economy
- More than half of pollees consider Japan to be monetizing debt
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A majority of economists expect the Bank of Japan to leave its main policy tools untouched next week as it pauses to assess the steps already taken to shield the economy from the coronavirus.
Some 72% of 47 economists expect the BOJ to keep policy unchanged at a two-day meeting ending June 16, according to a Bloomberg survey. While no major move is expected, half the analysts predict the central bank will enhance its loan support for companies in some form.