BofAML Says Japan's Export Boost to Fade in 2018
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The video discusses Japan's GDP growth, with economists expecting 2.9% annualized growth. However, Izumida Valeo from Bank of America Merrill Lynch suggests this is too optimistic, citing a likely downward revision in CapEx and a reliance on exports and consumption boosts. The discussion also covers the potential fading of export boosts due to China's slowdown and the Bank of Japan's stance on inflation, emphasizing the need for continued efforts to raise inflation and wage growth.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the anticipated impact of the slowdown in China on Japan's growth?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the Bank of Japan's current stance on inflation and monetary policy?
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