1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

BOJ minutes: Economy likely to grow at slower pace in FY 2017

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 25, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    FXStreet (Bali) - BoJ minutes from the October meeting have been released, with the Central Bank noting that most members said economy likely to grow at slower pace in FY 2017 due to sales tax hike.

    Additional headlines - Reuters

    Overseas economies are likely to grow moderately.

    China's economy likely to follow stable growth path

    Japan economy to continue moderate recovery

    One member said difficult to expect Japan exports to increase due to structural factors

    One member said anecdotal evidence companies are delaying investment

    Members agreed that workers' income have been rising moderately

    Members agreed that Japan's private consumption remains resilient

    Most members said economy likely to grow at slower pace in FY 2017 due to sales tax hike

    Price trend is improving due to core CPI

    Delay in price target reflects slow improvement in output gap
    For more information, read our latest forex news.
     

Share This Page