BOJ Tankan to show Q1 manufacturers' optimism eased slightly, services improved: Reuters poll
© Reuters. FILE PHOTO: Nissan Motor Co., Ltd's Universal Powertrain Mounting System with a two-layer pallet structure, compatible with EV, e-POWER and gasoline vehicles is pictured in Kawachi-gun, in Tochigi prefecture, Japan October 8, 2021. REUTERS/Maki Shira
The BOJ ended years of unorthodox policy this week, raising rates for the first time in 17 years in a historic shift away from decades of massive monetary stimulus. But it is expected to proceed cautiously amid worries that further rises in borrowing costs could hurt the fragile economic recovery, analysts say.
Big manufacturers see a slight improvement in their confidence three months ahead, while service-sector firms' strong sentiment would likely ease, the poll found.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BoJ’s Ueda: BoJ's JGB holdings will remain at current levels for the time beingBank of Japan Governor Kazuo Ueda said on Friday that the central bank’s “Japanese government bond (JGB) holdings will remain at current levels for the time being.” .
Read more »
BoJ’s Ueda: BoJ's massive stimulus had negative side-effectsBank of Japan Governor Kazuo Ueda is back on the wires on Thursday, via Reuters, commenting on the Bank’s policy.
Read more »
Japan Q1 big manufacturers' mood down, seen falling further ahead -TankanJapan Q1 big manufacturers' mood down, seen falling further ahead -Tankan
Read more »
Japan's business sentiment improves in the first quarter (Q1) of 2024– Tankan surveyBusiness confidence at large manufacturers in Japan improved and suggested that inflation expectations amongst firms steady in the first quarter (Q1) of 2024, according to the Bank of Japan's quarterly Tankan survey on Monday.
Read more »
Japanese Yen Surges Against USD As Markets Again Mull BoJ Policy ExitCould March be the month when the Bank of Japan finally tightens policy, or at least looks serious about doing so? Bets are increasing.
Read more »
USD/JPY Sinks on Bets BoJ Will End Negative Rates Soon, US Inflation in FocusUSD/JPY extends losses on speculation that the Bank of Japan may be warming up to the idea of ending negative rates during its March monetary policy meeting.
Read more »