The ‘summary of opinions’ from the March (15 and 16) Bank of Japan monetary policy meeting have been published, noting that balance of risks to Japan and overseas economies remain tilted to the downside
Headlines
Export, production remain weak, may affect capex
Markets remain unstable since the beginning of the year, but no disruption in Japan’s economy
Wage growth weak
Data on inflation expectations falling
Chance of consumer inflation (excl. food, energy) remaining above 1% has diminished
(Market News Provided by FXstreet)