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3 Jun 2014
Most analysts expect further BoJ QQE in 2014 - Reuters poll
FXStreet (Bali) - According to a Reuters poll just published, there are 23 out 30 analysts that still expect the Bank of Japan to announce further QQE later this year.
Reuters adds that "30 of 35 analysts polled expect the next Bank of Japan (BOJ) policy move will be easing in QE expansion, not tightening."
Reuters also added that "only 4 of 30 analysts expect easing in July, down from 11 in previous monthly poll", so clearly in the near term, conviction for further easing is fading fast.
As per growth projections, Japan FY2014/15 GDP is expected at +1.0%, stronger than the previous +0.6% April poll.
Reuters adds that "30 of 35 analysts polled expect the next Bank of Japan (BOJ) policy move will be easing in QE expansion, not tightening."
Reuters also added that "only 4 of 30 analysts expect easing in July, down from 11 in previous monthly poll", so clearly in the near term, conviction for further easing is fading fast.
As per growth projections, Japan FY2014/15 GDP is expected at +1.0%, stronger than the previous +0.6% April poll.