-
Summary of Opinions at the Monetary Policy Meeting on September 20 and 21, 2016
I. Opinions on Economic and Financial Developments Economic Developments • Japan's economy has continued its moderate recovery trend, but the year-on-year rate of change in the consumer price index (CPI) is on a declining trend as relatively weak developments have been observed in some indicators of private consumption. • Japan's economy has continued its moderate recovery trend. Although the virtuous cycle in the economy has been maintained, it should be noted that firms' and households' sentiment are somewhat subdued. • Japan's economy has continued its moderate recovery trend, although exports and ... (full story)