The Bank of Japan is widely expected to leave its stimulus unchanged Thursday within hours of the Federal Reserve’s policy decision though speculation is growing that Fed moves could nudge the BOJ to take action later this year. While all of 50 economists surveyed by Bloomberg forecast no change in BOJ policy at the end of this week’s meeting, the increasing likelihood of interest rate cuts by the Fed has prompted a rethink among BOJ watchers. For the first time in more than two and a half years, a majority of them now see further easing as the BOJ’s most likely next step. The main focus of among BOJ watchers this ... (full story)