Japan’s current economic expansion will last to 2020 or later – Reuters poll

Dhwani Mehta FXStreet

According to the results of the latest Reuters poll, nearly 80% of economists say that they are concerned about the damage to banks' business if ultra-loose Bank of Japan (BoJ) policy is retained for too long.

Separately, two-thirds of economists expect Japan’s current economic expansion will last to 2020 or later, while 30% of them expect it will last till 2nd half of 2019.

More Findings:

17/35 economists said recent BOJ comments about reversal rate would not influence monetary policy.

1/3 of economists believe talks about reversal rate suggests BOJ will refrain from additional easing.

Most economists expect the BOJ to start scaling back its stimulus in late 2018 or after.

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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