This may heighten expectations in the market of a BOJ policy change next week. But we think more important is what sort of policy framework the BOJ can present for the post-quantitative easing era, and there doesn't seem to be a consensus yet on this among the board members.
This shows the increase in spending is not due to a one-off factor. We are seeing consumers becoming more and more confident about the future economic trend.
We are seeing a good, healthy cycle now. One possible risk factor, going forward, is the possibility of overheating.
We are seeing a series of good indicators pointing to solid recovery: improving production, improving exports, improving employment and improving spending.
We can expect a good 3 percent growth in calendar 2006.
We think a decision to end quantitative easing and a new framework will have to come out together as a package.
We think it more important what sort of policy framework the BOJ can present for the post-quantitative easing era, and there doesn't seem to be a consensus yet on this among the board members.
With core consumer prices set to rise steadily above zero and today's GDP report confirming that a steady recovery is at work, there is almost no obstacle left for the Bank of Japan in ending its super-loose monetary policy.
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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.