XT_Mobile_970x250_XFR
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

BoJ: Further easing on the cards - ING

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    FXStreet (Delhi) – Research Team at ING, suggest that in Japan, it is looking extremely unlikely that inflation will reach 2% by the first half of next year as the BoJ had hoped, which has led some commentators to forecast further easing next week.

    Key Quotes

    “Although it looks as if the economy may have contracted again in the third quarter, we view this more as a soft patch rather than a sustained downturn, whilst inflation excluding energy is trending upwards. As such, we expect the BoJ to remain on hold this week, although a revision to the inflation forecast/target looks almost inevitable.”
    For more information, read our latest forex news.
     

Share This Page

Trade indices Online