FXStreet (Córdoba) - According to analysts from Wells Fargo, today’s GDP data from Japan has only a marginal influence over the Bank of Japan. Key Quotes: “Positive contributions to GDP growth from faster consumer spending, increased net exports and a modest gain in government spending were swamped by the inventory drawdown and the decline in business spending, which together exerted a negative drag of 2.4 percentage points and pulled the headline growth rate into negative territory. “Businesses remained concerned about the ongoing slowdown in China and implications for slower global growth.” “We expect the ups and downs to continue with an increase in GDP in the current quarter, which is consistent with the latest forecast from the BoJ. While another increase in the pace of QQE cannot be ruled out at the BoJ’s meeting this Thursday, today’s disappointing GDP print has only a marginal influence.” “There is potential for fiscal stimulus in 2016, but not much yet in the way of specific details. For full-year 2016, we expect little more than stall-speed growth of 0.9 percent and CPI inflation of about 0.8 percent.” For more information, read our latest forex news.