BoJ needs to do more – Scotiabank

By FXStreet FXStreet (Guatemala) – Analysts at Scotiabank noted the BoJ meeting this week and the economic headwinds that the Bank needs to do more about.

Key Quotes:

“The BoJ begins its two‐day policy meeting today; expectations are for policy seƫngs to remain on hold (QQE to remain at JPY 80 tn).

Disappointing Q3 GDP (‐0.2%, tipping the economy back into recession), and low inflation pressures suggest that active BoJ policy has done little to ease economic headwinds. Focus may be turning back to fiscal stimulus.”
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Source:: FX Street