Economics
BOJ to Stand Pat, Extend Covid Program in Coming Months: Survey
- Little change to growth and price forecasts seen by economists
- 95% see longer program; 85% expect third extra budget in 2020
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The Bank of Japan will keep policy steady at its meeting next week and extend the duration of its Covid response measures by January at the latest, according to surveyed economists.
All but one of 43 analysts polled by Bloomberg expect the central bank to stand pat at the two-day gathering ending on Oct. 29. The economists see the BOJ largely sticking to its existing economic forecasts in its quarterly outlook report.