Preview - BOJ to hold next week, keep inflation overshoot warning. but see risks easing
JPMNomura
USD/JPY — All Desk Targets
22 desks
| Firm | Stance | YE 2026 |
|---|---|---|
UOB | Bearish | 159.60 |
Bank of America | Bullish | 149.00 |
Rabobank | Bullish | 145.00 |
From the original
A more sanguine BOJ tone, even alongside a repeated 2% overshoot warning, points to continuity rather than a hawkish surprise at next week's meeting, with rates expected to hold at 1%. The shift in focus toward how much of the cost increase firms pass on to households, rather tha
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