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Summary of Opinions at the Monetary Policy Meeting on March 17 and 18, 2022

From boj.or.jp

I. Opinions on Economic and Financial Developments: Economic Developments: • Japan's economy has picked up as a trend, although some weakness has been seen in part, mainly due to the impact of the novel coronavirus (COVID-19). A pick-up in private consumption has paused. • Japan's economy, although expected to be affected by a rise in commodity prices, is likely to recover, with downward pressure stemming from COVID-19 on services consumption and the effects of supply-side constraints waning. • Although attention needs to be paid to how households' and firms' sentiment will change due, for example, to a surge in ... (full story)

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