Japan Finance Minister States Japan Is No Longer in Deflation; BoJ Policy Tightening Expected

Friday, 15 March 2024, 03:28

Japan's finance minister announces the end of deflation, signaling potential Bank of Japan (BoJ) policy tightening. The impact of wage hikes on inflation targeting and upcoming wage data conferences. Latest updates on China's MLF rate, USD/CNY reference rate, and regional stock market trends.
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Japan Finance Minister States Japan Is No Longer in Deflation; BoJ Policy Tightening Expected

Japan Finance Minister's Statement

Japan's finance minister Suzuki confirms the country's exit from deflation, setting the stage for potential policy tightening by the Bank of Japan (BoJ).

BoJ Policy Factors

  • Wage Results: BoJ seeks wage data supporting sustainable inflation.
  • Renko Wage Conference: Importance of wage rise agreements for corporate Japan.
  • Upcoming BoJ Meetings: Analysis of expected policy pivots based on wage data.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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