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Summary of Opinions at the Monetary Policy Meeting on April 25 and 26, 2024
Japan's economy has recovered moderately, although some weakness has been seen in part. It is likely to keep growing at a pace above its potential growth rate, as a virtuous cycle from income to spending gradually intensifies. Upward revisions have been observed in the outlook for overseas economies overall, particularly for the U.S. economy. Although private consumption has been relatively weak, reflecting price rises, it is likely to regain momentum, given that momentum in wage hikes has been strong recently. If firms postpone business fixed investment due to factors such as supply-side constraints, this could lead ... (full story)
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BOJ MEMBER SUGGESTS RATE PATH MAY BE HIGHER THAN MARKET EXPECTATIONS.
— FinancialJuice (@financialjuice) May 8, 2024
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BOJ MEMBER EMPHASIZES NEED FOR APPROPRIATE RATE INCREASE AT THE RIGHT TIME
— FinancialJuice (@financialjuice) May 8, 2024
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- May 8, 2024 7:58pm May 8, 2024 7:58pm
- jrdFX
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