The Nikkei canvasses the potential for more easing this week at the Bank of Japan meeting this week (October 6 and 7:
- The BOJ is expected to lower its inflation outlook
- Households and companies are still prone to deflationary thinking
- Unsettled global economic outlook
- "Core core" inflation, which excludes both food and energy, quickened to 1.1% in August ... "The underlying trend in inflation has been improving steadily," BOJ Gov. Haruhiko Kuroda said on Monday
Concludes the Nikkei:
- Given the similarities to economic conditions last October, when the central bank called up a massive reinforcement of quantitative easing, quite a few BOJ watchers believe it will do the same this month
