With experts generally agreeing that Japan's economy is contracting at twice the rate anticipated by the Bank of Japan, the central bank is likely to reduce its economic and price forecasts next week, economists said. Policymakers can be expected to take a fairly cautious view of the outlook because "the risk lingers that growth will stumble after being lifted temporarily by fiscal stimulus," said Mari Iwashita, chief market economist at Daiwa SMBC Securities.
--------------
No comments:
Post a Comment