Thu, Oct 30 2008, 14:11 GMT
by Flemming J. Nielsen
For a change, the outcome of tomorrow's monetary meeting at the Bank of Japan (BoJ) will not be trivial. We now believe BoJ will cut interest rates by 25 bp tomorrow. This is despite comments from Deputy Governor Yamaguchi earlier this week that didn't indicate an imminent rate cut - instead, he stuck to the existing BoJ line that monetary policy is already "very accommodative".
Published on Thu, Oct 30 2008, 14:14 GMT
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