31 Oct 2014
BoJ downgrades economic, infation forecasts
FXStreet (Bali) - Following the decision to ease further, increasing its monetary base at a pace of 80 trillion yen/year, BoJ published its semiannual report, updating forecasts for both the economy and inflation.
Main headlines (via Reuters)
BoJ Japan real gdp expected +0.5 pct in fy2014/15 vs +1.0 pct projected in july
BoJ Japan core cpi expected +1.2 pct in fy2014/15 vs +1.3 pct projected in july, excluding effect of sales tax hike
BoJ Japan core cpi expected +1.7 pct in fy2015/16 vs +1.9 pct projected in july, excluding effect of sales tax hike
BoJ Japan core cpi expected +1.2 pct in fy2014/15 vs +1.3 pct projected in july, excluding effect of sales tax hike
BoJ Japan core cpi expected +1.7 pct in fy2015/16 vs +1.9 pct projected in july, excluding effect of sales tax hike
BoJ Japan core cpi expected +2.1 pct in fy2016/17 vs +2.1 pct projected in july, excluding effect of sales tax hike
BoJ Japan real gdp expected +1.5 pct in fy2015/16 vs +1.5 pct projected in july
BoJ Japan real gdp expected +1.2 pct in fy2016/17 vs +1.3 pct projected in july
BoJ Japan semiannual report: consumer inflation to reach 2 pct around middle of our forecast period between fy2014-2016
BoJ Japan semiannual report: consumer inflation to reach 2 pct around middle of our forecast period between fy2014-2016
BoJ semiannual report: boj ready to make necessary policy adjustments while scrutinising upside, downside risks to economy, prices
BoJ semiannual report: big downside risks exist on price outlook
BoJ semiannual report: big uncertainty exists on long-term inflation expectations
BoJ semiannual report, on risks: if weak demand and decline in oil prices keep putting downward pressure on prices, may harm inflation expectations
BoJ semiannual report: positive economic cycle likely to remain intact
BoJ semiannual report: overseas econ growth to gradually accelerate
BoJ semiannual report, on risks: if confidence in fiscal policy declines, could hurt economy through rises in long term interest rates
BoJ semiannual report: cpi to move around current positive territory, then accelerate to hit 2 pct
BoJ semiannual report, on risks: impact of second sales tax hike next year depends on consumer sentiment and employee wages
BoJ semiannual report: cpi to reach 2 pct in fiscal 2015, gradually stabilise at that level
BoJ semiannual report: boj's gdp, cpi estimates take into account today's easing
BoJ semiannual report, on risks: need to continue to monitor decline in demand, real wages after april sales tax hike
BoJ semiannual report: japan's potential growth rate is estimated to be around 0.5 pct or lower, seen rising gradually ahead
BoJ semiannual report, on risks: offshoring of production could continue to restrain exports but benefit corporate profits
Main headlines (via Reuters)
BoJ Japan real gdp expected +0.5 pct in fy2014/15 vs +1.0 pct projected in july
BoJ Japan core cpi expected +1.2 pct in fy2014/15 vs +1.3 pct projected in july, excluding effect of sales tax hike
BoJ Japan core cpi expected +1.7 pct in fy2015/16 vs +1.9 pct projected in july, excluding effect of sales tax hike
BoJ Japan core cpi expected +1.2 pct in fy2014/15 vs +1.3 pct projected in july, excluding effect of sales tax hike
BoJ Japan core cpi expected +1.7 pct in fy2015/16 vs +1.9 pct projected in july, excluding effect of sales tax hike
BoJ Japan core cpi expected +2.1 pct in fy2016/17 vs +2.1 pct projected in july, excluding effect of sales tax hike
BoJ Japan real gdp expected +1.5 pct in fy2015/16 vs +1.5 pct projected in july
BoJ Japan real gdp expected +1.2 pct in fy2016/17 vs +1.3 pct projected in july
BoJ Japan semiannual report: consumer inflation to reach 2 pct around middle of our forecast period between fy2014-2016
BoJ Japan semiannual report: consumer inflation to reach 2 pct around middle of our forecast period between fy2014-2016
BoJ semiannual report: boj ready to make necessary policy adjustments while scrutinising upside, downside risks to economy, prices
BoJ semiannual report: big downside risks exist on price outlook
BoJ semiannual report: big uncertainty exists on long-term inflation expectations
BoJ semiannual report, on risks: if weak demand and decline in oil prices keep putting downward pressure on prices, may harm inflation expectations
BoJ semiannual report: positive economic cycle likely to remain intact
BoJ semiannual report: overseas econ growth to gradually accelerate
BoJ semiannual report, on risks: if confidence in fiscal policy declines, could hurt economy through rises in long term interest rates
BoJ semiannual report: cpi to move around current positive territory, then accelerate to hit 2 pct
BoJ semiannual report, on risks: impact of second sales tax hike next year depends on consumer sentiment and employee wages
BoJ semiannual report: cpi to reach 2 pct in fiscal 2015, gradually stabilise at that level
BoJ semiannual report: boj's gdp, cpi estimates take into account today's easing
BoJ semiannual report, on risks: need to continue to monitor decline in demand, real wages after april sales tax hike
BoJ semiannual report: japan's potential growth rate is estimated to be around 0.5 pct or lower, seen rising gradually ahead
BoJ semiannual report, on risks: offshoring of production could continue to restrain exports but benefit corporate profits