About half of economists now expect the Bank of Japan’s next policy move to be monetary easing, including three who see it coming this week, according to a Bloomberg survey.
The other 45 of 48 economists surveyed said they expected the BOJ to leave its policy settings unchanged at a two-day meeting ending April 25. The number of economists predicting further easing from the BOJ has risen sharply in recent months, from 14% in December to 48% this month, as economic growth has slowed and inflation sagged. In April 2018, more than 90% said the next move would be tightening.