- Japan’s economy is recovering moderately albeit with some weakness
- Underlying inflation will continue rising moderately
- Underlying inflation, rate of increase in core inflation likely to increase gradually
- They will be at a level in line with BOJ price target in the second half of the projection period
- Easy monetary conditions will continue to support the economy
- Need to pay attention to those risks affecting Japan’s economy and prices
- Risk factors include forex and financial market developments
- Will continue to raise policy rate if economy, prices move in line with forecasts
More to come..
This article was written by Justin Low at investinglive.com.
