BOJ monetary policy announcement due Tuesday 27 April 2021 - preview

Author: Eamonn Sheridan | Category: Central Banks

TD has a preview, the one-word summary is the meeting is likely to be "uneventful"

Via eFX:
  • "This meeting is likely to be uneventful. At its March meeting BoJ announced tweaks to policy following a long-awaited review. Nonetheless, growth risk have increased, with a third state of emergency issued in Tokyo, leading to fears of a double-dip recession"  
  • "As such BoJ will likely sound cautious on domestic demand, potentially making some changes to its growth outlook" 

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Earlier Bank of Japan previews:
  • expect it somewhere in the 0230 to 0330 GMT time window.
Governor Kuroda press conference follows at 0630GMT:

TD has a preview, the one-word summary is the meeting is likely to be "uneventful"
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