Morgan Stanley MUFG expect the BOJ to strengthen its forward guidance , to keep extremely low rates at least until the end of 2020
- BOJ will take cues from with other major central banks
- and also will do so to prevent the risk of a stronger yen from keeping policy unchanged
- Next stimulus step the bank says would likely be include larger purchases of ETFs (current 6 tln yen annual target)
I want you to head the ECB!