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