Bank of Japan board member Seiji Adachi comments are in line with comments from other BOJ officials. Other central banks may be tightening but not the BOJ: Japan’s service spending showing signs of improvement Japan’s exports rising as a trend Japan’s economy picking up as a trend There is rising risk that drop in China’s

A note from Deutsche Bank economists (via Reuters) on their expectations for European Central Bank monetary policy tightening. Expect there will be two interest rate hikes from the ECB in Q3 One of them will be 50bps Say the 50bp hike is more likely in September than July. “A 50bp hike is not inconsistent with

Eight districts noted slight or modest growth Four districts indicated moderate growth Contacts in most Districts reported ongoing growth in manufacturing Retail contacts noted some softening Residential real estate contacts observed weakness as buyers faced high prices and rising interest rates Eight Districts reported that expectations of future growth among their contacts had diminished Most

ING with their thoughts on the implications of the GDP data released today from Australia for the Reserve Bank of Australia policy decision due Tuesday, June 7: GDP has not been flagged much by the Reserve Bank of Australia (RBA) in its recent deliberations on monetary policy. And whip-saw GDP data like this will not

Bank of Japan Deputy Governor Wakatabe: most goods prices aren’t rising, recent  inflation  Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices