The Bank of Japan has turned more optimistic on the economic outlook recently, in part on the belief that the plunge in the cost of energy should boost demand. A more pressing concern though is that falling inflation is undermining expectations of future price rises. We therefore still think that the Bank will ease pre-emptively in April to signal its determination that its inflation target will be met.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services