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BoJ's Harada: Japan's economy continues to recover moderately

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 11, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Bali) - Bank of Japan monetary policy board member Yutaka Harada, speaking at a meeting with business leaders, said that Japan's economy continues to recover moderately.


    Japan's economy continues to recover moderately

    BOJ easing is exerting desired effects

    Don't expect Japan's exports to china to fall sharply ahead

    If Japan expots to China fall sharply, can't rule out chance of that leading to falls in output, job growth

    My outlook for prices is slightly weaker than the bank's

    My outlook for the economy is slightly weaker than the bank's

    Recoveries in consumption and investment remain weak

    Must ease policy further without hesitation if overseas risks threaten upward price trend

    Slowdown in China and other emerging market economies, chance of expected Federal

    Reserve rate hike triggering market shock are among risks to Japan's economic outlook

    Sales tax hike has negative impact on economic activity, and works to push down inflation rate
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