The latest survey from Bloomberg (conducted January 9-14):
- Twenty-six of 33 of economists forecast the Bank of Japan will expand monetary stimulus by the end of October
- One less than in a survey last month
- Nobody sees the central bank changing policy at the meeting on January 20-21
- Fifteen of 31 economists say that falling oil prices mean that Japan’s core CPI could decline year-on-year in coming months
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What’s that you ask …What time is the Bank of Japan (BOJ) announcement due today?