- Japan’s economy is recovering moderately albeit with some weakness
- Easy monetary conditions will support the economy
- Underlying inflation likely to stall but gradually accelerate
- Trade developments and impact on prices, overseas economies are highly uncertain
- Must pay attention to trade policies’ impact on financial market and Japan’s economy, prices
- US-Japan trade deal is a great progress
- US-Japan trade deal reduces uncertainty over economic outlook
The headline remark already marks a change to previous press conferences. And together with the upgraded inflation forecasts, it points to the notion that they are likely back on track to hike rates again. But as usual, don’t expect the BOJ to pre-commit to anything.
This article was written by Justin Low at investinglive.com.
