I’ve previewed the BOJ anoncement today in these 3 posts:
The BOJ has a one-day meeting today: What to expect and when to expect it?
BOJ meeting today – setting a target date for 2% inflation
BOJ meeting today – effect on yen
So, question for everyone.
While I’m not expecting much for the BOJ’s meeting today, Kuroda has already shown how he a master of manipulating expectations, hosing them down ahead of the April 3 and 4 meeting and then slamming the market with a huge easing program.
Has he done the same thing this time? This week he’s spoken about being ‘flexible’ on the inflation target. Does he come out with the bazooka today and confirm ‘2% inflation in 2 years!’?
What do you think? And where does the yen go on your expectations?
