The BoJ has little ammunition left, possibly taking rates further negative as the last option. Much of the response in Japan, as in Europe, will have to come from fiscal policy, according to strategists at ANZ Research. Key quotes “We now expect Japan to contract by 0.4% in 2020. The onus is on fiscal policy to support growth.” “It will be difficult for the BoJ to add more stimulus. It may cut rates further negative if the yen strengthens significantly.” “The BoJ has issued a statement that it will do what it can to support liquidity and overall financial stability.” 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 EUR/USD: Outside oversold conditions FX Street 3 years The BoJ has little ammunition left, possibly taking rates further negative as the last option. Much of the response in Japan, as in Europe, will have to come from fiscal policy, according to strategists at ANZ Research. Key quotes “We now expect Japan to contract by 0.4% in 2020. The onus is on fiscal policy to support growth.” “It will be difficult for the BoJ to add more stimulus. It may cut rates further negative if the yen strengthens significantly.” “The BoJ has issued a statement that it will do what it can to support liquidity and overall financial stability.”… 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.
