BOJ to ease monetary policy further by July – Reuters poll

According to the latest Reuters poll of 16 analysts, the Bank of Japan (BOJ) is expected to unveil additional easing by July this year.

Key findings:

8 see action taken at 27-28 April meeting

3 see action taken in June, 5 say July

10 analysts say BOJ will adopt a combination of cutting rates deeper into negative territory and boosting asset purchases

BOJ to ease monetary policy further by July at the latest

Q1 annualised GDP seen at +0.5%, Q2 +1.0% vs +0.9% and +1.4% in March poll