Masaaki Kanno
Masaaki Kanno
Masaaki Kannois a former Japanese football player...
bank comments forcing japan keeps market message monetary mounting pay policy political postponed rather unchanged
If the Bank of Japan keeps its 'quantitative easing' monetary policy unchanged this week, the market will think that it postponed the end of 'quantitative easing' because of mounting political pressure, forcing the market to pay more attention, in the future, to the politicians' comments rather than the message from the Bank of Japan.
deflation six strong trend wages
Consumption is strong and wages are rising, so the CPI trend is improving. In six months, deflation will be over.
among board change consensus easing framework market next policy present seem sort
This may heighten expectations in the market of a BOJ policy change next week. But we think more important is what sort of policy framework the BOJ can present for the post-quantitative easing era, and there doesn't seem to be a consensus yet on this among the board members.
bank central change confident economic middle policy recovery seems trend
The trend of Japan's economic recovery won't stop. The central bank seems to become increasingly confident that it can change policy around the middle of 2006.
employment good improving pointing seeing series solid
We are seeing a series of good indicators pointing to solid recovery: improving production, improving exports, improving employment and improving spending.
cycle healthy possible risk seeing
We are seeing a good, healthy cycle now. One possible risk factor, going forward, is the possibility of overheating.
calendar expect good growth percent
We can expect a good 3 percent growth in calendar 2006.