Takahide Kiuchi
Takahide Kiuchi
capacity companies declining economy expand growth help impact labor negative negatives offset population potential rate terms
Declining population may have a potential negative impact on the economy from the labor side. But the contribution of labor is not very big in terms of the potential growth rate of Japan's economy. If companies expand capacity and capital, that may help offset the negatives of labor reduction.
continue democratic far fiscal japan next party pursuing push stray structural takes unlikely
It's unlikely that the next administration will stray far from pursuing structural reforms. Even if the Democratic Party of Japan takes power, they will continue to push for fiscal reform.
march terms
In terms of timing, March is not necessarily ideal.
capital consumer driver growth increase larger led main spending stability start
While capital spending has been the main driver of growth, we're going to see the consumer start to play a larger role. Growth led by consumer spending will increase the stability of the recovery.
case data early happen hike interest july support
The data support the case for an early hike in interest rates. It could happen in July at the earliest.