BoJ Minutes: Japan Economy Shows Modest Recovery

RTTNews | 246 days ago
BoJ Minutes: Japan Economy Shows Modest Recovery

(RTTNews) - members of the Bank of Japan's Monetary Policy Board agreed that Japan's economy has recovered modestly, and is expected to continue to do so, minutes from the board's September 19-20 monetary policy meeting revealed on Wednesday.

Some uncertainties remain for Japan's economy, the members added - mostly from some fluid developments overseas.

Services prices have continued to rise moderately, reflecting wage increases, the minutes showed. Annual inflation is projected to be pushed up through fiscal 2025.

At the meeting, the BoJ kept its benchmark interest rate unchanged at 0.25 percent, as widely expected. The BoJ ended its negative interest rate policy in March.

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Japan Industrial Output Adds 0.5% In May

Japan Industrial Output Adds 0.5% In May

Industrial production in Japan was up a seasonally adjusted 0.5 percent on month in May, the ministry of Economy, Trade and Industry said on Monday.
RTTNews | 10 days ago