Reuters poll: BOJ expected to pull back from stimulus maybe as early as this year

Dhwani Mehta FXStreet

According to the latest Reuters poll on the BOJ’s monetary policy outlook, a majority of the economists surveyed expect the BOJ to begin unwinding its massive stimulus program sometime this year.

Key findings from the survey:

28 of 35 economists expect BOJ to pull back from easy monetary policy when it decides to change its monetary policy next

10 of 28 expect the BOJ to announce a pull back from easy policy as early as the second half of this year; 10 said 2018; 8 said 2019 or later

Majority project Japan Spring wage negotiations to result in base pay increase at same rate as 2016 or lower

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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