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BoJ's Ueda: Japan's economy recovering moderately, some weak data seen
Bank of Japan Governor Ueda is answering question in the parliament again today. • Japan's economy is recovering moderately, although some weak data are seen. • Consumption is improving moderately on easing cost-push pressure, with hopes for higher wages. • Some firms appear to be delaying investment, though capital expenditure plans remain firm. • We have seen various data since January, and more data will come out this week. • We will look at these comprehensively in reaching an appropriate monetary policy decision. • We are focusing on whether a positive wage-inflation cycle is kicking off, in judging ... (full story)
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- Posted: Mar 11, 2024 10:08pm
- Submitted by:Category: Medium Impact Breaking NewsComments: 0 / Views: 3,773
