Decision on additional interest rate increases will become complicated due to weak private consumption at the Bank of Japan meeting next week
To confirm the recovery in consumption with future data,Some officials say send-off is appropriate this time
Prices are moving as expected, and some officials are positive, and they are also aware of the risk of missing out on opportunities
At the monetary policy meeting to be held by the Bank of Japan next week, the judgment on whether private consumption, which is currently weak, will go through additional interest rate increases is complicated. I found out through interviews with multiple stakeholders.
According to officials, some Bank of Japan officials want to confirm with future data and information whether private consumption will recover as expected against the backdrop of high levels of wage increases.I think putting off interest rate hikes is a reasonable option at this meeting。
It is said that there is also a sense of caution that it will be perceived as if the Bank of Japan is in a hurry to raise interest rates.
At the same time, since current inflation trends are moving in line with the Bank of Japan's scenario, officials pointed out that there are also officials who are positive about raising interest rates at this meeting. While policy interest rates are at an extremely low level of 0-0.1%, there are also voices that are aware of the risk of missing out on opportunities based on strong uncertainty about the future.
The Bank of Japan will make a final decision on whether or not to raise interest rates at the 30th and 31st meetings after determining the economic and price situation and market trends until just before the meeting.
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2020年2月より米国個別株投資、元手資金800万→4年半後現在 運用資金約3000万円程。実際は$で計算。PFはnoteでKen artlinkで検索
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exera : I feel that the economy is sluggish and private consumption is too weak, and even after doing a little shopping, they immediately mutter that they don't have any money. Will Japan continue to slowly continue to decline![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Ken_USstock OP : Thanks for your comments. Certainly, Japan's structural problems are deep-seated, and in particular, there are backward indicators and figures relating to social security, currency value, and economic growth.
Within this, currency value and income are parts you can control with your own efforts, so I think you can cover them by increasing financial literacy and managing assets.
It is possible to cover increases in interest rates and declines in monetary value by expanding the range of income and obtaining investment gains in foreign currency.
I think investment will become a must in Japan in the future, so I would like to pass it on little by little to the younger generation.