Next week's Bank of Japan meeting, additional interest rate hike decisions will be complicated due to weak private consumption - stakeholders
Updated 2024/7/22 19:55 JST (some excerpts)
Consumption recovery will be confirmed with future data, and some officials say that the postponement 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.
Consumption recovery will be confirmed with future data, and some officials say that the postponement 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.
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