BOJ Quarterly Report: Risks to Japan’s economic, price outlook skewed to downside
|Following the release of the Bank of Japan’s (BOJ) monetary policy decision, the quarterly outlook report underscored the downside risks looming for the Japanese economic and price outlook.
Additional takeaways
Japan consumption likely to pick up after big slump.
Consumer inflation to continue falling for time being.
Corporate funding is under stress due to slumping sales from pandemic.
If pandemic impact is prolonged it could affect Japan’s financial system via worsening economy.
There is uncertainty on how pandemic could affect corporate price-setting behaviour.
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