This week's focus will be on the Bank of Japan's Policy Board meeting, which concludes on Tuesday. Hopes of further monetary easing are high, but we see two risks. The first is simply that the Bank does nothing. preferring to wait until the end of the month or later in the fourth quarter. The other is that it does ease again this week, but limits itself to yet another extension of the special funds-supply operation. The markets may dismiss this as "more of the same".
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