Oct. 26 (Bloomberg) -- The Bank of Japan will probably forecast this week that deflation will extend into 2011, an indication that borrowing costs are likely to stay near zero. Consumer prices excluding fresh food, the bankâs preferred gauge of inflation, will tumble 0.5 percent in the year ending March 2011, and economic growth will accelerate to 1.2 percent, according to the median estimate of 15 economists surveyed by Bloomberg. The central bank will release its semiannual outlook on Oct. 30 at 3 p.m. in Tokyo. Policy makers will say in the report they plan to keep the benchmark interest rate low to foster the nationâs recovery from its worst postwar recession, analysts predict. That commitment, against the backdrop of forecasts for entrenched deflation and a fragile recovery, will quell any investor speculation that the bank unwinding emergency credit measures will lead to a rate increase, said Masaaki Kanno. âThe BOJ will probably highlight that consumer prices will be stuck in negative territory and use that to convince investors that a rate hike is still far, far away,â said Kanno, a former central bank official and now chief economist at JPMorgan Chase & Co. in Tokyo. Eleven analysts said the bank will say this week it plans to stop buying commercial paper and corporate bonds from lenders in December as scheduled because companies are finding it easier to obtain credit. Fifteen of the 16 economists who gave monetary policy forecasts through 2011 said they expect the key rate to stay at 0.1 percent through the end of 2010 at the earliest. Japanâs borrowing costs have been kept below 1 percent since Sept. 1995. http://www.bloomberg.com/apps/news?pid=20601087&sid=aY.5KT4ssN9s So, any other JGB buyers out there ?