Analytical Reviews

Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

BOJ Dimmed Economic Outlook Needs Stimulus to ReachTarget


November, 23 2018
watermark Economic news

The annual core consumer inflation of Japan remained the same in October from September as companies hold price hikes amid the weakened household spending. It also shows that there is not enough momentum to reach the 2 percent target of the central bank.

Moreover, the nation’s core consumer price index, excluding volatile food costs, grew to 1.0 percent in October from 12 months earlier based on the government data on Thursday, which is in line with the median market forecast.

The central bank of Japan might have a hard time in reaching price growth amid the global trade frictions and sluggish Chinese demand that dims the outlook being an export-reliant country and half of the profits were covered by driven by higher energy costs.

For three consecutive months, the inflation was recorded to have grown by 0.4 percent in October based on an index excluding the effect of both fresh food and energy costs.

The chief economist at Norinchukin Research Institute, Takeshi Minami, said that it may take a while to reach the BOJ target.

BOJ Governor Haruhiko Kuroda reassures that they will be patient to keep the massive stimulus program as inflation is still far from the target.

Despite the unexpected side-effects of dropping financial institutions’ profits of almost zero interest rates for years, the central bank will likely keep the stimulus and weakened inflation might affect solid economic growth and lead to higher prices.

Further worsening of negative impact on the stimulus, the BOJ will focus on inflation as the main policy consideration.

コメントする

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.