December 29, 2022
In order to reach the price stability aim in a stable manner, Bank of Japan officials stated the bank should keep up its monetary easing.
The Summary of Opinions at the Monetary Policy Meeting conducted on December 19 and 20 showed that a policymaker stated that the economy is in a critical period for achieving the price stability target of 2 percent in a sustainable and steady manner. As a result, it is vital to continue the monetary easing.
Another participant claimed that because of the increased momentum in investment and pay increases, the economy is expected to grow faster than it might.
Close observation is required of the trajectory of pay adjustments for the spring of 2023 and the trajectory of various investments.
Source: RTT News
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
