BoJ needs to do more - Scotiabank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 18, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Guatemala) - Analysts at Scotiabank noted the BoJ meeting this week and the economic headwinds that the Bank needs to do more about.

    Key Quotes:

    "The BoJ begins its two‐day policy meeting today; expectations are for policy seƫngs to remain on hold (QQE to remain at JPY 80 tn).

    Disappointing Q3 GDP (‐0.2%, tipping the economy back into recession), and low inflation pressures suggest that active BoJ policy has done little to ease economic headwinds. Focus may be turning back to fiscal stimulus."
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