With the economy struggling to gather momentum after a contraction last quarter, more than a third of economists see the Bank of Japan expanding monetary stimulus next month, according to a Bloomberg News survey.
Eleven of 35 respondents see the central bank stepping up its easing on Oct. 30, while two forecast a move as early as next week, the survey, conducted Monday through Thursday, shows.
Barclays PLC, Credit Agricole SA and JPMorgan Chase & Co. — which predict the BOJ will hold off until next year — see growing risk of action on Oct. 30. The central bank last expanded asset purchases in October 2014.
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