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BOJ easing is not coming any time soon – Goldman Sachs

FXStreet (Mumbai) - In light of the recent improvement in the Japanese fundamentals, Goldman Sachs now expects the BOJ to roll out further easing measures at its April meeting, pushing back three months from January previously.

Goldman Sachs, Chief economist for Japan, Naohiko Baba added that the Bank of Japan is now shifting its focus to indicators that confirm current conditions instead of forward-looking statistics, making it “increasingly difficult” to forecast the BOJ’s actions.