BoJ Minutes Of Meeting
BoJ Minutes of Meeting, members of the BoJ expressed optimism
about the economic outlook and failed to clear uncertainty over when interest rates will rise again. As usual Fukui said that economy is growing moderately. Outlook is in within the projection of the Central bank. Report also leaked that household sector is performing pretty weak and corporate sector is soaring. Due to weakness in Yen the export will do better. The one thing i couldnt find is that when the BoJ will raise the interest rate to 0.5%. We seen the only rate hike from 0.00% to 0.25% way back in July. Fukui has warned of the risks of leaving interest rates at very low levels for too long but recent weak data has also dampened near-term expectations of a rate rise.
In some of the source said that Japanese is going to downgrade the economy on the 2morrow monthly economy report, and if it so then for time being it'll be really hard to raise the rate hike.
about the economic outlook and failed to clear uncertainty over when interest rates will rise again. As usual Fukui said that economy is growing moderately. Outlook is in within the projection of the Central bank. Report also leaked that household sector is performing pretty weak and corporate sector is soaring. Due to weakness in Yen the export will do better. The one thing i couldnt find is that when the BoJ will raise the interest rate to 0.5%. We seen the only rate hike from 0.00% to 0.25% way back in July. Fukui has warned of the risks of leaving interest rates at very low levels for too long but recent weak data has also dampened near-term expectations of a rate rise.
In some of the source said that Japanese is going to downgrade the economy on the 2morrow monthly economy report, and if it so then for time being it'll be really hard to raise the rate hike.
posted by Naveen Pantera at 2:35 PM
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