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Apr 26 - 06:55 PM

JPY: This Week's BoJ Likely Uneventful - TD

By eFXdata  —  Apr 26 - 03:00 PM

TD Research discusses its expectations for this week's BoJ policy meeting.

"This meeting is likely to be uneventful. At its March meeting BoJ announced tweaks to policy following a long-awaited review. Nonetheless, growth risk have increased, with a third state of emergency issued in Tokyo, leading to fears of a double-dip recession," TD notes. 

"As such BoJ will likely sound cautious on domestic demand, potentially making some changes to its growth outlook," TD adds. 

Source:
TD Bank Research/Market Commentary

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