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Bank of Japan likely to announce more stimulus at Thursday’s meeting

The Bank of Japan will announce more stimulus at Thursday's meeting. While Governor Kuroda provided no indications that additional easing was imminent at the meeting earlier this month, he has a record of springing surpr…

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The Bank of Japan will announce more stimulus at Thursday's meeting. While Governor Kuroda provided no indications that additional easing was imminent at the meeting earlier this month, he has a record of springing surprises. 

Capital Economics says - "We stick to our view that policymakers will signal their commitment to the 2% target by stepping up the annual pace of asset purchases from ¥80 trillion to ¥90 trillion."

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