Central Bank's week: FOMC and BoJ expectations? - UOB

Analysts at UOB explained that this week focus will be on 26/27 July FOMC meeting (decision due on 28 July, 2am Singapore time).

Key Quotes:

"... but it is without the updated Summary of Economic Projections or a scheduled press conference by Janet Yellen) and the Fed Reserve is widely expected to keep policy unchanged.

The Bank of Japan’s (BOJ) MPM is on 28/29 July 2016 (which includes updated quarterly outlook report) where many of the analysts (including us) are expecting additional stimulus from the BOJ. In the just concluded G20 meeting, BOJ Governor Kuroda reiterated that the central bank is prepared to step up stimulus if required."

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