Earlier post here: What time is the Bank of Japan announcement expected today?

Reuters have an article up on their take on what to expect:

  • The Bank of Japan is expected to … view the economy can weather a sales tax increase in April without extra support, although there is expected to be some concern about weakness in exports
  • BOJ board can point to strength in industrial output, labor demand and consumer spending to back its view the economy will continue a gradual recovery and its 2 percent inflation target is achievable over the next 12 months or so
  • There is some concern within the BOJ about slow exports, but pessimists are not expected to have the numbers to tip the votes towards a downgrade of the central bank’s stance that export growth will eventually rebound
  • With no policy changes expected, investors will be looking for signs of whether BOJ Governor Haruhiko Kuroda will stick to his economic assessment when the central bank reviews its forecasts next month