20 of 32 (~63%) economists project the BOJ would make a decision on bond buying5 of 32 (~16%) economists project the BOJ would decide in July instead3 of 32 (~9%) economists project the BOJ would decide in September instead49 of 53 (~92%) economists anticipate that the BOJ would hike rates to at least 0.20% by year-end27 of 55 economists see the BOJ hiking next in Q3 202426 of 31 economists expect Japanese authorities to keep intervening to support the yen currency
The headline decision is one that Ueda has already hinted at last week here. So, it wouldn’t be too much of a surprise. As for the final point, the majority of economists continue to expect yen-tervention at around 160 in USD/JPY.
This article was written by Justin Low at www.forexlive.com.
