- Story Log
User | Time | Action Performed |
---|---|---|
-
Monthly Report on the Services Producer Price Index (Preliminary Figures for May 2023)
- Comments
- Subscribe
-
- Older Stories
Opinions on Economic and Financial Developments Economic Developments • Japan's economy, despite being affected by factors such as past high commodity prices, has picked up as private consumption, for example, has increased moderately. Although the economy is likely to recover moderately, attention needs to be paid to factors such as developments in overseas economies. • The domestic economy has been resilient on the whole. A business sentiment indicator has been higher than the break-even point between improvement and deterioration, and firms' positive stance toward business fixed investment has been maintained. • Factors behind significant improvement since April in households' sentiment indicators include not only the normalization of economic activity but also the achievement of wage increases at high levels. Attention is warranted on whether these developments, together with the effects of the recent rise in stock prices, will lead to supporting positive developments among firms and households. It is necessary to assess whether there is a higher possibility of achieving wage increases that can keep up with inflation by (1) examining, for example, initiatives toward implementing a system of job-based pay that is appropriate for Japan and the situation with a view to next year's wage negotiations and (2) gathering information on progress with strengthen post at 7:51pm: BOJ SUMMARY OF OPINIONS: IT IS APPROPRIATE TO MAINTAIN CURRENT MONETARY EASING. post at 7:52pm: BOJ SUMMARY OF OPINIONS: WAGE GROWTH IS REQUIRED, NOT MERELY COST-PUSH INFLATION, TO SUSTAINABLY AND CONSISTENTLY MEET THE PRICE OBJECTIVE. post at 7:52pm: BOJ SUMMARY OF OPINIONS: IT IS EARLY TO CHANGE POLICY BECAUSE SMALLER ENTERPRISES ARE EAGER TO RAISE WAGES AND INVEST MORE. post at 7:54pm: BOJ SUMMARY OF OPINIONS: BOJ MUST MAINTAIN EASY POLICY WHILE KEEPING AN EYE ON SIDE EFFECTS BECAUSE THE LONG-TERM RISK TO PRICES IS WEIGHTED TO THE DOWNSIDE.
Inverted yield curves, central bank hiking and weak PMIs data saw equity markets continue to sell off on Friday as investors became increasingly concerned with recessions and high ...
post at 6:54pm: Japan’s Top FX Diplomat Kanda: Will Respond To FX Moves If Moves Become Excessive post at 6:55pm: JAPAN TOP FX DIPLOMAT KANDA: FX SHOULD FLUCTUATE STEADILY IN LINE WITH FUNDAMENTALS. post at 6:56pm: Japan Top FX Diplomat Kanda: Won’t Rule Out Any Options When Asked About Intervention post at 7:01pm: JAPAN TOP FX DIPLOMAT KANDA: WE ARE FOCUSING ON FX MOVES RATHER THAN LEVELS.
-
- Newer Stories
Japan's top currency diplomat Masato Kanda said on Monday authorities will respond to any excessive moves in the currency market, warning that recent yen moves were "rapid." When ...
Investors are waiting for a big burst of stimulus from China before they make more aggressive bets on a recovery, having spent the past few months disappointed by economic data ...
The yen's recent weakening may not be as rapid as last year when it lost around 20 percent of its value relative to the U.S. dollar, but the prospect of it staying longer at ...
- Story Stats
- Posted: Jun 25, 2023 7:50pm
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 712
- Linked event: