Bank of Japan releases summary of opinions from October monetary policy meeting, expects moderate economic growth for current fiscal year
The Bank of Japan (BOJ) has released the summary of opinions from its monetary policy meeting held on October 29–30. The summary indicates that, despite slight softness in certain sectors due to factors such as the situation in the Middle East, the Japanese economy is projected to maintain moderate growth through fiscal 2026, supported by various government policies and rising global demand related to artificial intelligence (AI). Furthermore, as the adverse effects of high energy and raw material prices subside, economic growth is expected to pick up moderately starting in fiscal 2027.
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