Bloomberg with the headline crossing on Barclays' latest view on the Bank of Japan:
- They were previously tipping the BOJ to ease further in April 2016
- Now tip October 30, but they see a risk of action on October 7
Barclays cite today's inflation expectations survey results ... "risk that corporate inflation expectations have started to turn down"
Barclays expect:
- boost annual monetary base expansion pace to 100t-110t yen (from current 80t yen)
- More JGB purchases, extend average maturities of JGBs held
- Raise ETF buys
- Cut interest rate on excess reserves