BoJ to retain current policy on Wednesday - Barclays

Dhwani Mehta FXStreet

The Barclays Research Team is out with a brief preview of Wednesday’s Bank of Japan (BoJ) monetary policy decision due tomorrow post-0230 GMT.

Key Quotes:

“We expect the BOJ to retain current policy, with the market still digesting its July decision and the ruling LDP presidential election to be held the next day. However, we expect it to allow more fluctuation around targeted long-term yields (stealth normalization) in April 2019 with risks skewed toward an earlier move.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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