Blankfein Says Fed Can Stop Rate Hikes After Bank Crisis

Japan's economy, despite being affected by factors such as high commodity prices, has picked up as the resumption of economic activity has progressed while public health has been protected from COVID-19. It is likely to recover, with the impact of COVID-19 and supply-side constraints waning, although it is expected to be under downward pressure stemming from high commodity prices and slowdowns in overseas economies. Japan's economy has been resilient on the whole. Firms have been positive about making business fixed investment and private consumption has been on a recovery trend. On the other hand, exports have been somewhat weak recently; while this seems to be partly attributable to the timing of the Lunar New Year holidays in China, attention needs to be paid to developments in exports, together with developments in overseas economies. The fact that firms' outlook for the long-term domestic economic growth rate has risen warrants attention as a positive development. In addition, with this rise, firms' business fixed investment is likely to remain solid. tweet at 7:51pm: BOJ MARCH MEETING SUMMARY OF OPINIONS: BOJ MUST PATIENTLY MAINTAIN MONETARY EASING UNTIL PRICE TARGET IS ACHIEVED #News #Markets #BOJ #capitalhungry tweet at 7:53pm: BoJ Summary: Expect Distortion In Yield Curve To Be Ironed Out As Market Interest Rate Expectations Stabilise