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BoJ may expand lending program

By   || March 17, 2010 at 01:54 GMT
|| 2 comments || Add comment

This Bloomberg report has surveyed 18 international economists and the majority opinion is that the BoJ will expand its credit program by at least 5 trillion JPY. The policy decision, which is expected to leave rates on hold at 0.1%, will be announced in the early afternoon, Tokyo time and the Governor’s statement is scheduled for 3:30 pm Tokyo time.

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2 Responses to “BoJ may expand lending program”

  1. hart on March 17th, 2010 02:17 GMT

    Sean do you think triple swap tomorrow for me(today for you) will add momentum to aud with the carry, even after europe and new york gains today?

  2. Sean Lee on March 17th, 2010 02:40 GMT

    It always has a slight effect just before the changeover but I don’t think it will have any major impact on positioning Hart.

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