Core Viewpoint - The Bank of Japan's Governor Kazuo Ueda anticipates that the negative GDP growth is only a temporary phenomenon, with actual interest rates remaining very low [1] Group 1: Economic Outlook - The Bank of Japan maintains its basic judgment that the Japanese economy is experiencing a moderate recovery [1] - There is an expectation that the minimum wage will increase by over 5% year-on-year in the fiscal year 2025, which is likely to drive broader corporate wage increases [1] - The uncertainty surrounding the Japanese economic outlook appears to be gradually diminishing [1] Group 2: Monetary Policy - In the December meeting, the Bank of Japan will review and discuss domestic and international economic activities, price conditions, and market dynamics based on various data [1] - The necessity to adjust the easing measures in a timely manner is emphasized to achieve the price stability target, ensuring that adjustments are neither too late nor too early [1] Group 3: Price Dynamics - The transmission of wage increases to prices is ongoing, with moderate increases observed not only in food prices but also in goods and services [1] - There is a growing consensus that the impact of tariff policies on corporate profits will be limited [1]
植田和男：为顺利实现物价稳定目标 有必要适时调整宽松力度
Sou Hu Cai Jing·2025-12-01 01:30