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BoJ Friday monetary policy statement release eyed - Deutsche Bank

FXStreet (Łódź) - Jim Reid, Head of Global Fundamental Credit Strategy at Deutsche Bank, suggests that the BoJ monetary policy announcement on Friday will attract considerable market attention.

Key quotes

"Japanese Fixed Income strategist wrote that most market participants likely expect the BoJ to maintain its current policy this time round."
"The outlook report will likely lower forecasts for GDP in FY14, but maintain the outlook for 2% inflation in FY15."

"A focus will be whether Kuroda says he is fully committed to keeping current monetary policy open ended, and whether he outlines a target for the BoJ's asset balance at end-2015."

"However as a Reuters article overnight noted with just five months left before Governor Kuroda's self-imposed 2-year deadline for achieving his 2% inflation target there's also reports about divides among policy makers which may undermine public confidence."

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