Japan Inc Sees BOJ Stimulus As Failing To Spur Inflation -Reuters Poll
- Only 6 pct say BOJ paving way for end of deflation.
- 40 pct of firms see BOJ stimulus destabilising financial markets.
- Earnings forecasts to be revised down if dollar below 100 yen.
Few Japanese companies see the central bank's aggressive monetary stimulus as achieving its stated goal of spurring inflation, a Reuters poll found, with firms citing negative fallout from the programme more than positive effects.
I love it when the "experts" are exposed as failures.