BOJ's next policy move will be steps toward unwinding stimulus - Reuters Poll

Omkar Godbole FXStreet Contributor

Majority of economists believe the Bank of Japan's (BOJ) next move will be towards unwinding of the unprecedented stimulus program, according to Reuters poll.

Key points (Source: Reuters)

Thirty-seven of 41 economists polled expect the BOJ's next move will be to scale back its super-loose monetary policy but four economists project its next action would be easing further.

13 of 37 economists say they have pushed back the expected timing for BOJ steps toward stimulus unwind.

Half of 34 economists in the latest poll said the likelihood of a global trade war has increased and all but one of them thought that would hurt the Japanese economy.

20 economists said Japan's economic growth would slow and 17 said the yen could further appreciate.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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