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Sep 30, 2015
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.”
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.”