Danske Bank analysts are expecting the Bank of Japan (BoJ) to keep the policy rate and yield curve control unchanged at the next monetary policy meeting ending on Thursday 31 October. Key Quotes “It is set to make great efforts to highlight its willingness to act if needed.” “The economy is still solid, which calls for patience considering the limited tools left at the BoJ’s disposal.” “VAT-hike and global slowdown pose a risk that the economy falls back into deflation.” “We expect the new projections for GDP and inflation to be revised down.” “We continue to weigh the structural appreciation pressure (as inflation remains extremely weak) against cyclical trends, which at least in recent months have been in favour of a weaker JPY. We currently target 107 short term.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EOS market update: EOS/USD resumes uptrend amid Bollinger Bands restrictions FX Street 3 years Danske Bank analysts are expecting the Bank of Japan (BoJ) to keep the policy rate and yield curve control unchanged at the next monetary policy meeting ending on Thursday 31 October. Key Quotes "It is set to make great efforts to highlight its willingness to act if needed." "The economy is still solid, which calls for patience considering the limited tools left at the BoJ's disposal." "VAT-hike and global slowdown pose a risk that the economy falls back into deflation." "We expect the new projections for GDP and inflation to be revised down." "We continue to weigh the structural appreciation… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
