Bank of Japan Monetary Policy Unchanged as Expected, Raises Inflation Forecast

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  • 20 Jul '22 at 9:28 pm #40589
    Helmholtz Watson
    Participant

    The Bank of Japan as widely expected kept unchanged its -0.1% target for short-term interest rates, and 0% for the 10-year government bond yield by a
    [See the full post at: Bank of Japan Monetary Policy Unchanged as Expected, Raises Inflation Forecast]

    22 Jul '22 at 7:05 am #40627
    Truman
    Participant

    Japan’s Core CPI increased at its fastest pace since March 2015 in the June reading.
    Japan’s Finance Minister Suzuki said that full attention needs to be paid to the risk that rising inflation poses to economic growth.

    22 Jul '22 at 7:06 am #40628
    Truman
    Participant

    Japan’s flash July Manufacturing PMI 52.2 (last 52.7) and flash Services PMI 51.2 (last 54.0).
    June National CPI 2.4% yr/yr (last 2.5%)
    National Core CPI 2.2% yr/yr, as expected (last 2.1%)

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