Bank of Japan to keep its powder dry - Capital Economics

FXStreet (Bali) - Marcel Thieliant, Japan Economist at Capital Economist, expects the Bank of Japan to keep its powder dry at its meeting today.

Key Quotes

"We expect the Bank of Japan to keep its powder dry at its meeting today. Policymakers will probably wait for additional results from the ongoing spring wage negotiations before coming to a firm conclusion on whether to inject additional stimulus. Our forecast remains that the Bank will step up the pace of easing at the late-April meeting."