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Barclays have said this prior to results from...>

BOJ
BOJ: Barclays have said this prior to results from the Monetary Policy Meeting:
"We expect current policy to remain intact by a majority vote. One focus will be
whether Policy Board member and QE advocate Kataoka, who dissented at the
previous MPM, will propose further easing in his favored policy area. However,
any room to expand QE may be limited based on JGB supply and demand. In its
quarterly Outlook Report, we expect the BoJ to lower its above-consensus
projections for core CPI inflation in both FY17 (currently 1.1%) and FY18
(1.5%), while leaving its real GDP growth forecasts largely intact. As the
disconnect between the economy (GDP growth) and prices (CPI inflation) becomes
increasingly visible, we believe the BoJ may eventually need to redefine its
price stability target as a medium-/long-term anchor for managing monetary
policy rather than as a target with an explicit ETA."

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