11 Feb 2015
Condistions and threats to Japan's inflation target - BNP
FXStreet (Guatemala) - Analysts at BNP Paribas noted that Japan experienced deflation for most of the better part of the past two decades and commented around the current climate of Japan.
Key Quotes:
"The extremely loose monetary stance since April 2013 has succeeded in raising inflation."
"However, due to falling energy prices, inflation could fall again below zero."
"Thanks to rising wages, the BoJ’s 2% inflation target could be reached in the course of 2016. - The effect on the real economy has been limited."
"The sluggish economic performance since 2002 is mainly due to demographic factors."
Key Quotes:
"The extremely loose monetary stance since April 2013 has succeeded in raising inflation."
"However, due to falling energy prices, inflation could fall again below zero."
"Thanks to rising wages, the BoJ’s 2% inflation target could be reached in the course of 2016. - The effect on the real economy has been limited."
"The sluggish economic performance since 2002 is mainly due to demographic factors."