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11 Oct 2016
Reuters Poll: BOJ seen cutting -0.1% interest rate to -0.2% in Q3 2017
According to the latest Reuters poll, the Bank of Japan (BOJ) is seen slashing rates further into negative territory early next year, unless any sharp spikes in the yen undermine the economy significantly in the meantime.
Key findings from the survey:
About 70 pct of economists surveyed forecast BOJ to adopt more stimulus at January meeting or later
BOJ seen cutting -0.1 pct interest rate to -0.2 pct in Q3 2017
BOJ to keep 10-year JGB yield target at zero until Q4 2017