According to results from a Reuters survey of large and medium-sized businesses in Japan, respondents are expecting inflation to remain subdued. Key highlights Two-thirds of respondents say inflation between 0 and 1% is “appropriate”. 44% of those surveyed say the Bank of Japan’s (BoJ) price goal will take longer than 3 years to attain. 27% believe that the 2% inflation target is outright unreachable. 42% are concerned about the long-term impact of ongoing trade frictions. Key quotes from Reuters “The survey results suggest that many companies believe Japan’s economy has entered a new normal of muted inflation.” “Consumer prices have been hovering just under 1 percent for some time. A BOJ governor calls it the ‘Amazon effect,’ the growth of Internet retailers is keeping inflation from accelerating.” “As such, 2 percent inflation is unthinkable,” said a service company manager. A machinery maker concurred: “The 2 percent inflation target is groundless. Public sentiment is such that such a target is not called for.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Trump invites Putin to Washington – Reuters FX Street 5 years According to results from a Reuters survey of large and medium-sized businesses in Japan, respondents are expecting inflation to remain subdued. Key highlights Two-thirds of respondents say inflation between 0 and 1% is "appropriate". 44% of those surveyed say the Bank of Japan's (BoJ) price goal will take longer than 3 years to attain. 27% believe that the 2% inflation target is outright unreachable. 42% are concerned about the long-term impact of ongoing trade frictions. Key quotes from Reuters "The survey results suggest that many companies believe Japan's economy has entered a new normal of muted inflation." "Consumer prices have… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
