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Japan: Summary of Opinions at the Monetary Policy Meeting on October 30 and 31, 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. The current situation of Japan's economy is that, while growth in private consumption has remained somewhat weak, production, employment, and income, for example, have seen moderate growth. The expanding trend in private consumption is likely to become more evident, since the uptrend in real wages is expected to take hold. It is necessary to continue to closely monitor whether the channels are ... (full story)
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BOJ CAUTIONS AGAINST POTENTIAL DISRUPTIONS TO POLICY NORMALISATION PATH DUE TO RATE HIKE, WARNS OF HEIGHTENED FX MARKET VOLATILITY DUE TO DIVERGING US-JAPAN MONETARY POLICY PATHS
— FinancialJuice (@financialjuice) November 10, 2024