BOJ will not unwind easy policy at this week's meeting – poll
<p>As for when the BOJ might end negative rates, the majority now sees that as coming some time in 2024. 13 of 25 economists are of that view, representing 52%, and that is up from a roughly 41% proportion in the August poll. As for yield curve control, 21 of 27 economists (~78%) say that it will happen by the end of next year.</p><p>On the latter, there are two standout calls with Barclays and Mizuho Securities arguing that the BOJ would scrap yield curve control in October. Barclays says that:</p><p>"YCC is increasingly becoming a matter of formality and will likely be abolished in October, when the BOJ publishes its quarterly outlook report."</p>
This article was written by Justin Low at www.forexlive.com.
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