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Showing 1 - 10 of 21 results for "Outlook for Economic Activity"

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
... settings unchanged at its April meeting. Ever the optimist, the BOJ summarised its view in its "Outlook for Economic Activity and Prices (April 2021)" report, saying: "Although the level of Japan's economic activity, mainly in the face-to-face services ...

Chief economist update: BOJ expands Enhancement of Monetary Easing

BENJAMIN ONG  |  TUESDAY, 28 APR 2020
... inflation projections explain why both fiscal and monetary are pulling out all the stops. In its 'Outlook for Economic Activity (April 2020)' report, the BOJ downgraded GDP growth to -0.4 to -0.1% in FY2019 (from +0.8% to 0.9% predicted only ...

Chief economist update: Fed's on target, BOJ takes out target

BENJAMIN ONG  |  THURSDAY, 3 MAY 2018
... moderate expansion activity in its domestic economy. Just like the Fed, it deleted something from the "Outlook for Economic Activity and Prices" report that accompanied its decision. The sentence, "The timing of the year-on-year rate of change in the ...

Chief economist update: Back to the shops

BENJAMIN ONG  |  TUESDAY, 17 APR 2018
... the minutes of the 20-21 March FOMC meeting: "A number of participants indicated that the stronger outlook for economic activity, along with their increased confidence that inflation would return to 2% over the medium term, implied that the appropriate ...

Chief economist update: Inflation is heading Fed's way

BENJAMIN ONG  |  FRIDAY, 13 APR 2018
... more aggressive path towards normalisation. "A number of participants indicated that the stronger outlook for economic activity, along with their increased confidence that inflation would return to 2% over the medium term, implied that the appropriate ...

The BOJ's boring Halloween

BENJAMIN ONG  |  WEDNESDAY, 1 NOV 2017
... October 2019. All good but I feel that there's a trick here somewhere. The fine print in the BOJ's 'Outlook for Economic Activity and Prices (October 2017)' report says that "The consumption tax hike scheduled to take place in October 2019 will affect ...

The BOJ's educated hope

BENJAMIN ONG  |  FRIDAY, 22 SEP 2017
... exceeds 2% and stays above the target in a stable manner". When would that be? In its quarterly "Outlook for Economic Activity and Prices" update (released after the conclusion of its 19-20 July meeting), the BOJ lowered its FY17/18 core CPI projection ...

Inflation: Cost-pushed and demand-pulled

BENJAMIN ONG  |  WEDNESDAY, 9 AUG 2017
... Bank's July business survey added credence to the Reserve Bank of Australia's optimistic take on the outlook for economic activity in the country, but not inflation which it expects "to pick up gradually as the economy strengthens." NAB's latest business ...

The growth-inflation divide

BENJAMIN ONG  |  FRIDAY, 28 APR 2017
... annual pace of ¥80 trillion -- at the conclusion of its 26-27 April meeting. In the accompanying "Outlook for Economic Activity and Prices" report, the BOJ had become more confident with regards to growth. It now sees the economy in a moderate "expansion" ...

December maybe?

BENJAMIN ONG  |  MONDAY, 5 SEP 2016
... August). Her words, "Indeed, in light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in recent months," elevated ...
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