Hiroaki Muto
Hiroaki Muto
bank economy gives increases interest japan japanese lift rates reasons report restrict successive
The report paves the way for the Bank of Japan to lift interest rates at least once this year. The Japanese economy gives no reasons to restrict the bank's successive rate increases after the first one.
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 blamed economy government happens japan policy pushing risks
By pushing through the policy change, the Bank of Japan risks being blamed by the government if something happens to the economy and things deteriorate.
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.
government meet seems
We had once thought Mr. Koizumi's government could meet our expectations, but it now seems we may have overestimated their ability.
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.