Japan’s economy out of its decades-long deflationary slump.| glObserver Global Economics

The Bank of Japan may confound the chorus of analysts calling for further easing at its policy conference Friday next industrial production data Thursday came in better than expected.

Sourced through Scoop.it from: globserver.cn

With the central bank’s inflation target of 2 % by the middle of next year still looking tough to hit and much of Japan’s other economic data painting a mixed picture, expectations have grown that the BOJ would step up its by presently massive quantitative easing (QE) program on Friday.

See on Scoop.itglObserver Asia


Author: globserver

Director of Eyecom china

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