BOJ Will Introduce Fresh Stimulus – Soc Gen

The Bank of Japan (BoJ), which has largely been in wait-and-see mode since launching an unprecedented monetary easing program last April, could be on the brink of unleashing fresh stimulus, say economists.

“We expect the BoJ to implement additional quantitative and qualitative easing measures some time during the second quarter – most likely in April – in order to counter downside risks to economic growth from the consumption tax hike in April,” Takuji Aida, an economist at Société Générale said in a report on Wednesday.

The BoJ holds its next monetary policy meeting on April 7-8 – a few days after the country’s consumption tax increase from 5 to 8 percent takes effect on April 1.


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Mingze Wu

Mingze Wu

Currency Analyst at Market Pulse
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu