FXStreet (Barcelona) – Economists at Nomura offer their GDP, CPI, and policy outlook for Japan.
Key Quotes
“We expect real GDP growth to pick up in 2015 Q3, after a moderation in Q2.”
“We expect core CPI inflation to average 1.2% y-y in FY16, still well below the 2% target.”
“We expect the BOJ to conduct additional monetary easing in Apr 2016.”
“The main risks are yen appreciation, a worsening European debt problem, and the US and China slowing.”
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