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Summary of Opinions at the Monetary Policy Meeting on April 27 and 28, 2022
I. Opinions on Economic and Financial Developments: Economic Developments: • Japan's economy has picked up as a trend. It is likely to recover, with the impact of the novel coronavirus (COVID-19) and supply-side constraints waning and with support from an increase in external demand, accommodative financial conditions, and the government's economic measures, although it is expected to be under downward pressure stemming from a rise in commodity prices. Although attention should be paid, for example, to deterioration in households' sentiment, Japan's economy is expected to pick up, mainly for travel-related ... (full story)