Deep Tide TechFlow News, on March 27, according to Jinshi Data, recent output gap and price trend data have strengthened the case for the Bank of Japan to raise interest rates in April. Daiwa Securities economist Kenji Yamamoto stated that the data shows that even as inflation continues to rise, Japan's supply and demand dynamics remain resilient. Therefore, even if inflation appears to temporarily slow down, as long as the underlying price trend remains unchanged, "there is no clear reason to delay the normalization of monetary policy," he said. These data will help the Bank of Japan tighten monetary policy in April, "while maintaining cautious judgment," he added.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin