Quotes from the news wire:
The BOJ is caught between financial markets anticipating a policy pivot and the recognition that [a] premature exit would likely derail the economy and any hope of achieving the kind of sustained, demand-driven 2% inflation the bank is aiming for, at the same time, consumer price inflation is still uncomfortably high. All of this requires careful maneuvering and communication.
Found on CNN 1 year ago
The wage hikes announced at spring wage negotiations so far are a good start, but it’s too soon to say much about the macroeconomic impact.
Found on CNN 1 year ago
Investors interpreted the news as signaling a hawkish turn, but it will take time for the implications to become clear.
Found on CNN 1 year ago
But it will take time for the implications to become clear, with demand-driven price pressure still preciously scarce and stronger wage gains yet to materialize, it’s hard to see the BOJ rush towards tightening under a new governor.
Found on CNN 1 year ago
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