BoJ is protecting its monetary policy after meeting.The Bank of Japan (BoJ) has not made any interest rate changes at today's monetary policy meeting. Recently, the depreciation in the yen has supported the Japanese economy and this situation has been positively reflected in the expectations of the institution. The data set released today in Japan is also showing a positive outlook. While the unemployment rate did not change by 3.1 percent in December, household spending declined by 0.3 percent, well above market estimates. Considering the contribution of consumption to inflation, we can evaluate this development positively.
- Date: 31 January 2017 Tue 08:26
Comment Send
Similar Threads:
-
USD/TRY is Testing New Records
-
Asian markets are pricing China industry production data
-
Global markets focus on safe harbors nowadays
-
Sugar Investment on Global Forex Market
-
Employment recovery continues in the USA
-
Non Farm Payrolls Data Announced in the USA
-
Emerging Markets are Losing Value after Trump's Victory
-
The global markets are following latest developments of Fed
-
The expectations about interest increase is getting stronger
-
Sectoral confidence indexes are increasing
- Popular
- Last Added
-
French Presidential elections are affecting the positive atmosphere on Euro
French Presidential elections are affecting the positive atmosphere on Euro... -
Inflation rate is testing record levels in Turkey
Inflation rate is testing record levels in Turkey... -
Non-farm payrolls data of the USA increased
Non-farm payrolls data of the USA increased... -
Fed's politics interest decision gives direction to the global markets
Fed's politics interest decision gives direction to the global markets... -
Oil market is trying to find a direction
Oil market is trying to find a direction at the last times....