First day of Bank of Japan meeting starts today. What to watch for

The final Bank of Japan meeting of the year

Here's a suggesting for a Japanese government institution to create a great example of structural reform and efficiency: How about a few less BOJ meetings next year? Maybe 12 instead of 14?

Eamonn is off today because he's moving to a grand new house but he's written on what to expect for the BOJ.

• Nikkei: "Lower inflation expectations cast shadow over BOJ's 2% target"
• Bank of Japan is polling firms nationwide on their plans to raise wages

The idea that the BOJ will back away from more easing next year is growing for me. There is quite a bit of easing priced in and the yen could rally hard if the story changes.