Japan's exports contracted for a 10th straight month in September, raising ...
TOKYO - Japan’s exports contracted for a 10th straight month in September, raising speculation the central bank could ease monetary policy as soon as next week to counter heightening overseas risks and a slowdown in demand.
The fall was larger than a 4.0% drop expected by economists and marked the longest run of declines in exports since a 14-month stretch from October 2015 to November 2016. Markets are rife with speculation the BOJ could ease at its Oct. 30-31 meeting, after it said at its rate review last it would take a more thorough look at whether heightening overseas risks could derail Japan’s fragile economic recovery.
That, among other factors, has triggered calls from some Japanese policymakers the government is ready to take fiscal measures if extra economic support was needed.
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