The latest from Deutsche Bank’s Yen strategist, Taisuke Tanaka
Good things may come in threes but the Bank of Japan was not nearly as dovish this month as the Fed and ECB. Yen strategist Taisuke Tanaka argued that eventual BoJ easing will come between April and July following replacement of two policy board members with QQE proponents. This easing may come in the form of increased ETF and REIT purchases rather (or in addition to) further rate cuts.
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