- Japan economy is recovering moderately, although some weakness is seen
- Global financial markets have been stable as a whole
- Must pay attention to financial, FX markets and their impact on Japan’s economy, prices
- The board has judged that spring wage negotiations will result in strong hikes again this year
- Growing number of firms expressed intentions to continue raising wages steadily
- Real interest rates remain significantly negative
- Easy monetary conditions will keep supporting the economy as such
- Timing and scope of further rate hikes will depend on economy, financial, and price conditions
This article was written by Justin Low at www.forexlive.com.
