The Barclays Research Team is out with a brief preview of Wednesday’s Bank of Japan (BoJ) monetary policy decision due tomorrow post-0230 GMT.
Key Quotes:
“We expect the BOJ to retain current policy, with the market still digesting its July decision and the ruling LDP presidential election to be held the next day. However, we expect it to allow more fluctuation around targeted long-term yields (stealth normalization) in April 2019 with risks skewed toward an earlier move.”
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