Inflation Mindset Taking Root in Japan Boosts Case for BOJ Hikes

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Inflation Mindset Taking Root in Japan Boosts Case for BOJ Hikes
BloombergBank Of JapanPrice Growth
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(Bloomberg) -- Higher inflationary expectations and price tolerance are taking root in Japan, a development that supports the central bank’s moves to...

-- Higher inflationary expectations and price tolerance are taking root in Japan , a development that supports the central bank’s moves to normalize policy and raise interest rates further.Trump Has Only $6.8 Million for Legal Fees With Trial Underway

“This is a big shift for Japan’s economy,” said Tomo Kinoshita, global market strategist at Invesco Asset Management, commenting on the report. “Unless there is a huge policy mistake, Japan probably won’t go back to a deflationary mindset.” The central bank’s Tankan data this month revealed that Japanese businesses see the annual inflation rate at 2.1% five years ahead, staying at the highest level for five quarters in data going back to 2014.

“The usual consumer mindset for somebody who lives with inflation is starting to appear in the Japanese economy,” Choueiri told Bloomberg last week. These five TSX dividend stocks can help you create a passive stream of dividend income for life. Let's see why. The post My Top 5 Dividend Stocks for Passive-Income Investors to Buy in April 2024 appeared first on The Motley Fool Canada.Telus stock is down 37% in two years and is trading near its pandemic low, making investors wonder how low it can go. The post Telus Stock Is Down to its Pandemic Low of Below $22: How Low Can it Go? appeared first on The Motley Fool Canada.

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