Masaaki Kanno
Masaaki Kanno
Masaaki Kannois a former Japanese football player...
bank becomes consumer gains increase japan july labor market pick policy prices rate wages
The Bank of Japan will probably end its zero-rate policy in July or August. If the labor market becomes tighter and gains in wages and consumer prices pick up momentum, the bank may have to make another rate increase by the end of this year.
among board consensus easing framework policy present seem sort
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.
change market next policy
This (the data) may heighten expectations in the market of a BOJ policy change next week.
deflation six strong trend wages
Consumption is strong and wages are rising, so the CPI trend is improving. In six months, deflation will be over.
bank central change confident economic middle policy recovery seems trend
The trend of Japan's economic recovery won't stop. The central bank seems to become increasingly confident that it can change policy around the middle of 2006.
high oil prices relative showing signs
Oil prices are high but they are showing signs of relative stability.
individual japanese parties people policies trend voting
This is a new trend in Japanese politics. People are increasingly voting on the policies of individual parties. Now the manifestos of the different parties have become very clear.
achieve believe demand domestic growth japan percent roughly seems strength three
The strength of domestic demand seems real. I believe Japan will achieve roughly three percent growth this year.
among board consensus easing framework next policy present seem sort switch
More important (than heightened expectations of a policy switch next week) 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.
basic both campaign clear concepts economic major parties reform share small
On major economic policies, the campaign has made clear that both parties share the same basic concepts of reform and small government.
among board change consensus easing framework market next policy present seem sort
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.
employment good improving pointing seeing series solid
We are seeing a series of good indicators pointing to solid recovery: improving production, improving exports, improving employment and improving spending.
cycle healthy possible risk seeing
We are seeing a good, healthy cycle now. One possible risk factor, going forward, is the possibility of overheating.
becoming confident consumers due economic future increase seeing shows spending
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.