Economics
Economists See BOJ Holding as Suga Closes In on PM Role: Survey
- Relatively stable markets, access to credit favor no change
- Analysts give Abenomics a 65% grade after nearly eight years
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The Bank of Japan will opt for stability and keep policy unchanged next week, with Yoshihide Suga likely to take over from Shinzo Abe as prime minister and the job of digging the economy out of its worst slump in decades, according to surveyed analysts.
The central bank will leave interest rates and asset purchases intact at the conclusion of its meeting next Thursday, according to 95% of 44 economists polled by Bloomberg.