JPY: Expectations Galore from BoJ - BBH
Research Team at BBH, suggests that the BOJ meets next week.
Key Quotes
“There
is heightened speculation that new initiatives will be unveiled that
could include more asset purchases, such as ETFs, and possibly deeper
negative interest rates. Recall that the negative deposit rate
introduced at the end of January has large exemptions, and some deposits
are still paid 10 bp annually, and other deposits have no interest rate
(neither positive nor negative).”
