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Summary of Opinions at the Monetary Policy Meeting on June 14 and 15, 2018
Japan's economy is expanding moderately, with a virtuous cycle from income to spending operating. Going forward, it is likely to continue expanding, mainly against the background of highly accommodative financial conditions and the underpinnings through government spending. • Japan's economy is expanding moderately. With the output gap improving steadily, firms have been working on expanding the production capacity of their goods and services. It is important that such efforts continue, with somewhat tight supply-demand conditions being maintained. • Although Japan's GDP growth rate for the January-March quarter ... (full story)