The Japanese government, its latest medium-to-long-term economic and fiscal projections, submitted earlier this Wednesday, once again lowered its inflation forecast and do not see it reaching the 2% target until 2024. Key highlights: “¢ Inflation was seen reaching 2% during the fiscal year 2023 in the most optimistic scenario. “¢ The real GDP growth is estimated to hover around 1% in the coming years under the baseline scenario. “¢ The government earlier had lowered it’s fiscal 2019 real GDP growth forecast to 0.9% from 1.3%. “¢ Real and nominal GDP growth expected at 2% and above 3%, respectively, from fiscal 2023. “¢ The primary budget was seen in the red through the forecast period to fiscal 2028. 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 Eurozone: Q2 Growth slows to 0.2% – ING FX Street 4 years The Japanese government, its latest medium-to-long-term economic and fiscal projections, submitted earlier this Wednesday, once again lowered its inflation forecast and do not see it reaching the 2% target until 2024. Key highlights: "¢ Inflation was seen reaching 2% during the fiscal year 2023 in the most optimistic scenario. "¢ The real GDP growth is estimated to hover around 1% in the coming years under the baseline scenario. "¢ The government earlier had lowered it's fiscal 2019 real GDP growth forecast to 0.9% from 1.3%. "¢ Real and nominal GDP growth expected… 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.
