13 Dec 2013
Analysts in Japan anticipate further BoJ easing - Survey
FXstreet.com (Bali) - Most of the Japanese analyst community expects the Bank of Japan to embark on further easing by spring 2014, according to a QUICK Corp. poll.
As the Nikkei reports: "The survey covered equity and bond specialists at financial institutions, such as banks and securities firms. Of the 235 respondents, 52% expect additional easing in the April-June quarter, while 19% see it happening even earlier, by the end of March."
The Nikkei adds: "Most analysts are not optimistic about the BOJ's 2% inflation target, with 65% seeing its prospects as 'low' or 'near zero,' contributing to the perceived need for more easing."
"When asked about specific steps the central bank would take, 52% expect it to focus on stepping up purchases of risk assets such as index-linked exchange-traded funds, while 32% foresee heavier buying of long-term bonds", the Nikkei concluded.
As the Nikkei reports: "The survey covered equity and bond specialists at financial institutions, such as banks and securities firms. Of the 235 respondents, 52% expect additional easing in the April-June quarter, while 19% see it happening even earlier, by the end of March."
The Nikkei adds: "Most analysts are not optimistic about the BOJ's 2% inflation target, with 65% seeing its prospects as 'low' or 'near zero,' contributing to the perceived need for more easing."
"When asked about specific steps the central bank would take, 52% expect it to focus on stepping up purchases of risk assets such as index-linked exchange-traded funds, while 32% foresee heavier buying of long-term bonds", the Nikkei concluded.