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BOJ's Nakagawa: Economic Activity, Prices, and Monetary Policy in Japan
I will first briefly touch on the current situation of overseas economies (Chart 1). Although tariff negotiations between the Japanese and U.S. governments have resulted in an agreement recently, and progress has been made in negotiations and agreements on trade and other policies in each jurisdiction, there remain many uncertainties in this regard. With respect to global business sentiment, as of July 2025, the Purchasing Managers' Index (PMI) for the services industry has been clearly above 50 -- the break-even point between improvement and deterioration -- while the PMI for the manufacturing industry has been at ... (full story)
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BOJ BOARD MEMBER NAKAGAWA:
— PiQ (@PiQSuite) August 28, 2025
IF ITS OUTLOOK FOR ECONOMIC ACTIVITY AND PRICES IS REALIZED, BOJ WILL CONTINUE TO RAISE THE POLICY INTEREST RATE
HIGH UNCERTAINTIES REMAIN OVER FUTURE COURSE OF TRADE POLICIES AND THEIR IMPACT
BOJ WILL MAKE MONETARY APPROPRIATE POLICY DECISIONS BY…
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BOJ Nakagawa: High uncertainties remain over future course of trade policies and their impact
— FinancialJuice (@financialjuice) August 28, 2025
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BOJ'S NAKAGAWA:
— PiQ (@PiQSuite) August 28, 2025
MEDIUM- TO LONG-TERM INFLATION EXPECTATIONS HAVE RISEN MODERATELY ON THE WHOLE