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Contact Person: Mr. Zhang Hunan Weide Investment Promotion, Hunan Weide
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The Japan Manufacturing Purchasing Managers Index in March jumped from . Japan's monthly housing starts increased by .% year-on-year, much higher than the .% expected. This shows that Japan's domestic demand stagnation period is ending and overseas demand has picked up.
The Bank of Japan adopted a new policy framework last month, changing to regulate the bond yield curve rather than the speed of money printing.
The Bank of Japan continues to work to boost economic growth and push up inflation expectations, but its efforts to do so have been ineffective, if not counterproductive. The Bank of Japan believes that current policies pose risks to financial stability, but the problem is not significant at the moment.
The Bank of Japan expects the Japanese economy to continue to recover moderately, although exports and output remain weak. The medium- to long-term economic outlook is expected to rise or fall, depending on the response to population aging and the progress of reforms. But if confidence in fiscal stability declines, the economic outlook may worsen. After the announcement of this interest rate decision, the U.S. dollar rose rapidly against the yen. As of Beijing time: .
Hunan Weide Trading Center’s national recruitment agent contact number
Contact person: Mr. Zhang