Bank of Japan Governor Sticks to Economic Recovery View, Keeps Alive Rate Hike Chance
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#6f1fa2fe ver:0.37

Bank of Japan Governor maintains economic recovery view despite Q1 GDP contraction. Weak consumer spending, capital spending, and net exports contributed to the decline. Policymakers prioritize normalizing monetary policy and addressing declining consumer spending. Challenges include end of subsidies and weak yen. Interest rate hike expected later this year. Japanese companies in China predict worsening economic conditions. BOJ Governor expects recovery in Q2 and rising wages to support consumption. Inflationary pressure to dissipate. CPI remains above 2% target for 25th consecutive month. BOJ aims to eradicate deflation and maintain sustainable inflation. #Japan #economy #GDP #consumer #spending #BOJ #interestrates...

#newstr #Japan'sEconomy #GdpContraction #Exports #Imports #Earthquake #Toyota #Recession #Inflation #InterestRates #Yen #ConsumerSpending #BankOfJapan #PrimeMinisterFumioKishida #JapaneseCompanies'OutlookOnTheChineseEconomy #Cpi 

 https://here.news/story/6f1fa2fe?ver=0.37