IMF: Japan's economy is growing at a moderate pace

25 Nov 2019 09:36 AM

IMF Comments on developments in the Japanese economy, noted that it is growing at a moderate pace. His most prominent statements were as follows:
Japan's economic fundamentals are strong.
• The economy is expected to continue to grow at a moderate pace.
• Inflation is up but still below the bank's 2% target.
• There are still many risks facing the Bank.
• These risks are due to high uncertainty and increased financial risks.
• Further easing of policy stance by other major central banks could lead to a stronger yen.
This will undoubtedly stand in front of the recovery of the Japanese economy.
• The BoJ should consider controlling the yield curve.

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