Bank of Japan to Stay on Hold, as Global Headwinds Are Lessened

By Nouriel Roubini and Brunello Rosa

16 December 2019

In this paper we discuss:

  1. The latest macroeconomic developments in Japan;
  2. What we expect the BoJ to do in December and coming months;
  3. How we expect the BoJ to coordinate its monetary stance with fiscal policy;
  4. How we expect the growth and inflation outlook will be changed in January; and
  5. The market implications of all the above.

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Download PDF: R&R BOJ Preview - December 2019

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