Hiroaki Muto
Hiroaki Muto
doubts economy higher interest japanese rates solid
Expectations for higher interest rates are solid now. No one doubts that the Japanese economy is improving.
bank conditions expect labor policy stronger third wage
Wage and labor conditions have been a lot stronger than expected. We expect the bank to end its zero-rate policy in the third quarter.
consumer decrease gradual half increase pace slower spending wages
The pace of consumer spending in the first half was too strong, so it will be slower in the second. The gradual increase in wages and decrease in unemployment will continue.