BoJ seen ramping up stimulus this year, some bet on action next week: Poll

Money Control | Sep 13, 2019 at 9:43 AM
  • An increasing number of economists expect the Bank of Japan to ramp up stimulus this year.
  • The number of those who forecast the BOJ would deepen negative rates from the current -0.1% more than doubled to eight from just three in August.
  • The BOJ is under pressure to ramp up stimulus to prevent monetary support provided by its U.S. and European counterparts from triggering an unwelcome yen rise and further damaging Japan’s already-weak exports.