Inflation figures in the spotlight at the BoJ meeting – TDS

FXStreet (Edinburgh) - In the opinion of Jacqui Douglas, Chief European Macro Strategist at TD Securities, markets will focus on the BoJ’s forecasts for inflation at next week’s meeting.

Key Quotes

“Most analysts expect further BoJ easing at some point this year, the big question is just when, and if it could come as soon as this month”.

“We get new forecasts from the BoJ at this coming meeting, and if inflation is downgraded substantially, and the return to target is pushed back much further into the future, that raises the risk that the BoJ becomes even more proactive in trying to boost inflation expectations through further easing”.