BOJ will offer brighter view of economy

BOJ will offer brighter view of economy

At its next rate review the Bank of Japan is supposed to offer a more positive view of the Japanese economy than it did the previous month, as sources familiar with the matter told, as strong exports along with factory output back revival in the world's number three economy.

However, the major bank will stress its resolve for the purpose of maintaining its massive monetary stimulus because the export-driven revival has yet to spur private consumption as well as inflation.

Some sources state that the Japanese economy is doing well enough, but it doesn’t generate higher prices, so inflation is still awfully low.

The previous month, the Bank of Japan told that Japan's economy is reviving modestly as a trend.

Japan’s major financial institution will probably offer a more optimistic view on exports as well as output than in March, when it told that they were picking up.

The BOJ is supposed to keep monetary settings intact at its two-day rate review, ending on April 27. 

Similar

Popular

Crude edges down in Asia on Caixin PMI

On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera