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Bank of Japan lifts inflation forecast; no policy change

6 Comments

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6 Comments
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Decades of not reaching any goal it sets, but huge salaries you have to applaud their audacity. Not like they have achieved anything? It’s actually nice to see such brazen cash grabs by these “experts” it’s a lesson for us all don’t let morals or expertise get in the way of harvesting tax payer money, a huge salary. Look out for yourself because nobody else is.

1 ( +5 / -4 )

No policy change = No action. Just looking forward to lunch time?

-1 ( +3 / -4 )

Epic image. Must be a work day judging by the lack of colour in the crowd. It simple states Tokyo !

0 ( +3 / -3 )

No policy change = No action. Just looking forward to lunch time?

No need. Inflation is predicted to rise from a paltry 0.9% to a still paltry 1.1%. Inflation in Japan is miniscule. It could probably rise to 2.5 - 3.0 % before Bank of Japan would feel any need to do anything. The greater danger for Japan would be a return of deflation.

-2 ( +2 / -4 )

Another central bank that is clueless and has basically led the charge on destroying living standards, promoting income inequality and generally making a mess of everything it touches.

0 ( +1 / -1 )

Inflation “turbocharges the economy”

?

It might do if there was wage push inflation, wouldn’t it..

0 ( +0 / -0 )

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