From its latest Monetary Policy Report
The monetary base will increase at an annual pace of about 80 trillion yen.
Private spending is resilient.
The housing investment may have bottomed out.
Energy prices will keep inflation low.
Our Comments:
Japan may be back on rails after a long time. Abenomics looks good. Quantitative and qualitative easing will continue.
With recovery in USA, Japan supports global growth from Asia. Japanese might buy in to Australia and India to offset Chinese economic influence. It can thus keep the yen down too.
Views expressed without any risk or responsibility.
The monetary base will increase at an annual pace of about 80 trillion yen.
Private spending is resilient.
The housing investment may have bottomed out.
Energy prices will keep inflation low.
Our Comments:
Japan may be back on rails after a long time. Abenomics looks good. Quantitative and qualitative easing will continue.
With recovery in USA, Japan supports global growth from Asia. Japanese might buy in to Australia and India to offset Chinese economic influence. It can thus keep the yen down too.
Views expressed without any risk or responsibility.
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