Bank of Japan (BOJ) will ease monetary policy this month to calm markets and counter recession fears triggered by coronavirus outbreak, a majority of economists polled by Reuters said. BOJ’s next move will be to expand stimulus, almost 90% or 33 of 38 economists said compared to 30% in February poll. Of the 33 economists who said the bank’s next move would be to ease, 23 expected the BOJ to boost stimulus in March, while six saw it happening during the second quarter. Others did not give a reply on the timing. Only 13% of economists now expect the BOJ’s next move to be an unwinding of stimulus, the poll showed, sharply down from 70% in last month’s survey. 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 Ripple Price Analysis: XRP/USD ekes above the $0.24-level after stringing together three consecutive bullish days FX Street 3 years Bank of Japan (BOJ) will ease monetary policy this month to calm markets and counter recession fears triggered by coronavirus outbreak, a majority of economists polled by Reuters said. BOJ's next move will be to expand stimulus, almost 90% or 33 of 38 economists said compared to 30% in February poll. Of the 33 economists who said the bank's next move would be to ease, 23 expected the BOJ to boost stimulus in March, while six saw it happening during the second quarter. Others did not give a reply on the timing. Only 13% of economists now expect the BOJ's next… 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.
