Last quote by Norio Miyagawa
I don't expect output to rise significantly for the time being. Domestic demand simply is not strong enough. The BOJ has sent a message that monetary policy is on hold for now. We need more effort from the private sector to increase wages.
Oct 30 2016
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Norio Miyagawa is associated, including BOJ, Abe, and expectation. Most recently, Norio Miyagawa has been quoted saying: “The BOJ has to lower its forecasts, because they are out of line with what most economists outside the BOJ are forecasting.” in the article BOJ likely to cut inflation forecasts, wary of easing: sources. An other article where Norio Miyagawa has been quoted is Japan's economy stalls in April-June, casts doubts on Abe's policies.
Quotes by Norio Miyagawa
Oct 13 2016
The BOJ has to lower its forecasts, because they are out of line with what most economists outside the BOJ are forecasting.
Aug 15 2016
Overall it looks like the economy is stagnating. Consumer spending is weak, and the reason is low wage gains. There is a lot of uncertainty about overseas economies, and this is holding back capital expenditure.
Jul 29 2016
The BOJ did not live up to expectations. Increasing ETF purchases makes no contribution to achieving 2 percent inflation. The BOJ won't admit it, but it has reached the limits of quantitative easing and negative rates.
Jul 29 2016
The BOJ did not live up to expectations. I want to hear what BOJ Governor Haruhiko Kuroda has to say, but increasing ETF purchases makes no contribution to achieving 2 percent inflation.
Jun 21 2016
In the past the BOJ has suddenly changed its message. One month they sound optimistic, but the next month they ease policy. The BOJ is trying to preserve its limited options, but they will have to ease further if risk aversion in financial markets causes the yen to rise and damages inflation expectations.
May 27 2016
Abe's portrayal of the global economy as being one step away from a crisis is excessive, but delaying the tax hike would certainly remove a negative from Japan's economy.
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