BOJ is seen holding off on easing
The Bank of Japan is supposed to wait until the middle of 2017 before adopting further stimulus measures, though Donald Trump's election as American president contributes to uncertainty to the economic outlook, as a Reuters survey informed on Friday.
Almost 90% of economists polled for the last week told that the BOJ's next policy move would be to adopt further easing measures. The remainder added that an unwinding of the major bank's ultra-easy monetary policy was quite probable.
Sharp spikes in the Japanese yen against the greenback are unlikely to take place for a while as the Fed is seen increasing rates as expected. It means the BOJ is supposed to stand pat.
15 of 25 financial experts who answered a separate timing question expected the BOJ to wait until the second half of next year before expanding its already huge stimulus.
Five told that a move at the April gathering was probable, while three nominated the January gathering. One each picked the gatherings in December and also March.