Masuhisa Kobayashi
Masuhisa Kobayashi
early easing expected higher markets supportive
The CPI was higher than expected and is supportive for the BOJ. The markets have already discounted an early end to the quantitative easing policy.
assume bank believe continue ending interest japan rates step takes unwise week zero
If the Bank of Japan takes its first step to end 'quantitative easing' this week ... we believe that it is unwise to assume that the Bank of Japan will continue with zero interest rates for long after ending its policy.
consumer economic ended era favors finally higher increase likely next outlook prices yields
The economic outlook favors higher yields next year. The deflationary era has finally ended and a sustainable increase in consumer prices is likely to get underway soon.