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BOJ: Investors awaiting the policy response in lieu of risk of recession – BBH

FXStreet (Delhi) – Research Team at BBH, suggest that investors in Japan are focused on the likely policy response to the downdraft in the data.

Key Quotes

“The risk of a recession (defined as two quarters of contraction) is heightening speculation of a supplemental budget (though Prime Minister Abe has played this down) and changes in the BOJ's asset purchases.”

“A recent Bloomberg survey shows that about a third of the respondents expects the BOJ to step up its efforts (from JPY80 trillion a year) as early as next month.”

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