Bloomberg with comments from Barclays and Dai-ichi on the outlook for the Bank of Japan.
In the wake of last week's decision from the BOJ to stand pat on policy
Kyohei Morita, chief Japan economist for Barclays:
"What we learned is that the BOJ won't apply monetary policy to meet its time-frame commitment"
He now sees no likelihood of a change in policy in the foreseeable future and added that "it's almost meaningless to predict it on the premise of the BOJ's new commitment on the time-frame."
Hideo Kumano, chief economist at Dai-ichi Life Research Institute:
Has switched from projecting a boost last week to now seeing no further stimulus
"Kuroda delivered the message that he won't move until a huge shock takes place in Japan's economy," said Kumano, who is a former BOJ official. "Mere swings in the economy won't convince the BOJ to move."
