At meetings scheduled for this week, the Bank of Japan will maintain its policy settings, according to economists surveyed by Bloomberg, amid a growing view that the BOJ will eventually use greater flexibility in yield movements as a tightening measure.
All 46 analysts surveyed expect no change in monetary policy at the end of a two-day meeting Wednesday. Some 63 percent think inflation forecasts will be “largely unchanged” in a quarterly outlook report due out with the policy statement, while 33 percent predicted a minor downgrade.
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