Inflation projections slide to 3-year low, says BOJ
April 11, 2016 9:26 am
Bank of Japan reported the inflation estimations slid to a three-year trough in the last quarter, citing their expanded stimulus.
Based on the BOJ’s opinion poll, which asked around 2,150 people, 75.7% of them believed prices will increase this year.
Being the lowest rate since the March 2013 survey, the descension emerge amid the BOJ’s move to levy negative interest rates to beef up their asset buying.
The material has been provided by InstaForex Company – www.instaforex.com
Bank of Japan reported the inflation estimations slid to a three-year trough in the last quarter, citing their expanded stimulus.
Based on the BOJ’s opinion poll, which asked around 2,150 people, 75.7% of them believed prices will increase this year.
Being the lowest rate since the March 2013 survey, the descension emerge amid the BOJ’s move to levy negative interest rates to beef up their asset buying.
The material has been provided by InstaForex Company – www.instaforex.com
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