Members of the Bank of Japan's Monetary Policy Board said that Japan's economy is trending upward and should continue to do so in the short term, minutes from the central bank's January 22 monetary policy meeting revealed on Monday.
Overall inflation is likely to be above 2 percent through fiscal 2024, although it may slow down in fiscal 2025, the members said - although they vowed to continue with easing as long as necessary to reach price stability.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.