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BoJ likely to cut rates: Moltke-Leth
Saxo Bank's Christoffer Moltke-Leth updates us on the upcoming Bank of Japan announcement.
According to Molkte-Leth, the BoJ has a 2% inflation target, but the current inflation rate is only 0.5%. That's why Molkte-Leth expects Kuroda to act.
Molkte-Leth thinks that we will see a 20 basis point cut and that annual asset purchases could increase from ¥80 to ¥100 trillion.
01:50 minutes
Tags: asset purchases, basis points, boj, boj governor haruhiko kuroda, boj inflation
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