21 Quotes by Masaaki Kanno
- Author Masaaki Kanno
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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.
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With core consumer prices set to rise steadily above zero and today's GDP report confirming that a steady recovery is at work, there is almost no obstacle left for the Bank of Japan in ending its super-loose monetary policy.
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This (the data) may heighten expectations in the market of a BOJ policy change next week.
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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.
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- Author Masaaki Kanno
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Consumption is strong and wages are rising, so the CPI trend is improving. In six months, deflation will be over.
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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.
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The strength of domestic demand seems real. I believe Japan will achieve roughly three percent growth this year.
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Oil prices are high but they are showing signs of relative stability.
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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.
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