Bank of Japan (BoJ) Deputy Governor Ryozo Himino is delivering a speech on Japan's markets at a Bloomberg event on Thursday.
We are witnessing record high corporate profits and record high wage increases in Japan.
If outlook for economic activity and prices presented in July report is achieved, BoJ will accordingly raise interest rates.
The policy board is going to look at totality of the data as it makes decisions meeting by meeting.
We have many real interest rates and they vary significantly but all of them negative.
Later in the year, we will have more data on pass through of wage hike on prices, and next year's wage negotiations.
We will also know more about pass-through of Yen-Dollar rate on inflation via import prices.
BoJ will consider adjusting degree of monetary conditions if board has greater confidence its outlook is realized.
What data to focus shifts as data comes in, today US employment and consumption, and Chinese consumption may deserve more attention than before.
We monitor data to detect developments that are not already covered in our risk scenarios, looking at data outside the current priority list is equally important.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.