Jump to content
House Price Crash Forum
Sign in to follow this  
Ash4781

Japan Consumer Prices Fall, Jobless Is At 9-year Low (summer Rate Rise ?)

Recommended Posts

http://www.bloomberg.com/apps/news?pid=206...&refer=home

Japan's consumer prices fell 0.1 percent in May, a pace of decline unlikely to dissuade the central bank from raising its benchmark interest rate, the lowest among major economies.``The data aren't likely to deter the Bank of Japan from raising interest rates,'' said Takuma Kurosawa, global markets treasurer at HSBC Bank in Tokyo. ``We could see a hike in August.''

August could be stormy!

Edited by Ash4781

Share this post


Link to post
Share on other sites
They won't raise rates if CPI is down.

Try reading the whole article before opening your mouth ;) :

``We expect to see a large wave of price increases heading into the summer,'' said Tetsufumi Yamakawa, a former central bank official who's now chief economist at Goldman Sachs Japan Co. in Tokyo. Companies' moves to pass higher costs to consumers may be ``translating into a positive surprise in CPI inflation.''

Share this post


Link to post
Share on other sites
Try reading the whole article before opening your mouth ;) :

Ironic really, in a complete mirror image of the BoE, the Japanese central bank is trying to talk inflation UP!

Edited by Fancypants

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 350 The Prime Minister stated that there were three Brexit options available to the UK:

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.