Seiji Adachi
Seiji Adachi
output slightly weaker worry
Output was slightly weaker than expected, but I wouldn't worry too much.
corporate earnings shows survey
The survey shows corporate earnings are very healthy.
capital clearly continue domestic driver economy emerged enjoy growth key last lull spending steady strong supported
Capital spending is strong and will continue to be a key driver of growth. Japan's economy has clearly emerged from last year's lull and will enjoy steady growth supported by domestic demand.
contract figure headline jobs whereas
It's not just the headline figure that is improving. Full-time jobs are now on the rise, whereas a little while back it was just part-time and contract workers.
backlash last mainly momentum powerful
It's mainly a backlash from the powerful momentum of the last half-year.
change expected good impression outlook recovery smaller spreading
It wasn't as good as expected but it doesn't change the outlook for the economy. The impression is that the recovery is spreading to smaller companies.
early hitting inflation percent raise raising rates ready start
The BOJ may be ready to raise rates once they see inflation hitting 1 percent or, if it were to be more forward-looking, even earlier. It could start raising rates as early as in July.
cent early hitting inflation per raise raising rates ready start
The BOJ may be ready to raise rates once they see inflation hitting 1 per cent or, if it were to be more forward-looking, even earlier. It could start raising rates as early as in July.
capital corporate earnings household spending strong supporting
Strong corporate earnings are fuelling capital spending and spilling over to the household sector, supporting consumption.
confidence effect factors giving increase jump last month next percent policy year
It's going just as everyone has been expecting. We'll probably see the year-on-year (CPI) increase jump to 0.3 or 0.4 percent next month as the effect of one-off factors last year fades, giving the BOJ more confidence about a policy change.
calm gains oil prices prospect time
There is no prospect that gains in oil prices will calm down any time soon.
albeit capital corporate earnings economic household pace recovery slightly slower spending strong supporting
A domestic-demand-driven economic recovery is continuing, albeit at a slightly slower pace in Q3. Strong corporate earnings are fueling capital spending and spilling over to the household sector, supporting consumption.
form hands instead
I think they won't want to have their hands tied. They will probably opt for something in the form of statements, instead of numbers.
action bank central changing financial investors japan march policy risk traders
Investors and traders have already factored in the Bank of Japan changing its policy in March or April. If the central bank doesn't take action by then, it would risk spooking financial markets.