BOJ keeps regional economic view steady, sees receding hit from Iran war
4 Articles
4 Articles
Global Market: Bank of Japan keeps regional economic view unchanged as Middle East risks ease
The Bank of Japan kept its economic assessment unchanged for all nine regions, indicating confidence in the country's recovery despite global uncertainties. The central bank said businesses are increasingly passing on higher costs to consumers, reinforcing expectations that inflation is becoming more sustainable.
BOJ keeps regional economic view steady, sees receding hit from Iran war
TOKYO, July 9 (Reuters) - The Bank of Japan maintained its economic assessment for all nine regions on Thursday, saying the likelihood of the Middle East conflict causing sharp declines in exports and output has receded. Many regions saw com...
In its July regional economic report (Sakura Report) released on the 9th, the Bank of Japan maintained its economic assessment for all nine regions nationwide. At a branch managers' meeting held that day, it was noted that while there was a shortage of crude oil supply due to the situation in the Middle East, demand for artificial intelligence (AI) was expanding.
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