BoJ: what to expect this time around? - UOB

Analysts at UOB Group noted that The Bank of Japan (BoJ) will announce its monetary policy decision on Thursday (20 July).  

Key Quotes:

"... it will be accompanied by an updated report on its Outlook for Economic Activity and Prices (The Bank’s View)."

"These are challenging times for the BoJ, as the central bank continued to boost its JGB bonds as it sought to cap recent yield increases so as to maintain its yield curve control."

"That said, market generally expect BoJ to keep status quo in July while factor in only a small probability for more BoJ policy easing in 3Q."