BOJ's next move will be to pull back from ultra-easy policy – Reuters poll

Reuters out with the results from its latest poll, showing that a majority of the economists believe that the BOJ is likely to keep its price target steady at 2%, but could delay the timeline to reach its objective.

Key findings from the survey:

27 from 33 economists polled by Reuters between 6-17 July

BOJ to keep inflation target at 2% but will again push back the time when it will be reached

Inflation will accelerate gradually towards 1% later this year but will stall fall short both in fiscal year 2017 and 2018

BOJ to likely keep its 10year JBG yield target around 0% throughout next year but some expect the bank will raise it as far as 0.5% by later next year

BOJ's next move will be to pull back from ultra-easy policy say 31 from 37 economist, most say later next year or year after

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.