Arab Today, arab today japan\s economy in recovery first time in 25 years
Last Updated : GMT 03:44:33
Arab Today, arab today
Arab Today, arab today

Japan\'s economy in recovery, first time in 2.5 years

Arab Today, arab today

Arab Today, arab today Japan\'s economy in recovery, first time in 2.5 years

Tokyo - KUNA

Japan\'s central bank upgraded its assessment of the nation\'s economy for the seventh consecutive month on Thursday, offering its most optimistic view in two and a half years, thanks to improvement in business sentiment and robust consumer spending. At the end of two-day policy meeting, the Bank of Japan (BOJ) said in a statement that the Japanese economy is \"starting to recover moderately,\" using the word \"recover\" for the first time since January 2011, two months before the March 11 earthquake-tsunami disaster devastated the country. In its assessment last month, the BOJ described the economy as \"picking up.\" At the meeting, BOJ Governor Haruhiko Kuroda and his eight board colleagues also voted unanimously to maintain its aggressive policy introduced in April, of which goal is to achieve a 2 percent inflation target in two years. In April, the central bank decided to double the monetary base at an annual pace of about JPY 60-70 trillion (USD 600-700 billion) and the purchases of government bonds in two years to overcome the world\'s third-biggest economy\'s deflation that has lasted for nearly 15 years. The measures also include more purchases of risky financial assets, including exchange-traded funds and real estate investment trusts. \"The BOJ will continue with the quantitative and qualitative monetary easing, aiming to achieve the price stability target of 2 percent, as long as it is necessary for maintaining that target in a stable manner,\" the central bank said in the statement. Exports have been picking up, while business fixed investment has stopped weakening and shown some signs of picking up, the BOJ said. Business sentiment has been improving and private consumption has remained resilient,\" it said. With regard to the outlook, the BOJ said Japan\'s economy is expected to recover moderately on the back of the resilience in domestic demand and the pick-up in overseas economies. It also pointed out risks to the country\'s economy, saying \"there remains a high degree of uncertainty,\" including the prospects for the European debt problem, developments in the emerging and commodity-exporting economies, and the pace of recovery in the US economy. The central bank\'s drastic monetary easing steps are in line with Prime Minister Shinzo Abe\'s aggressive economic policies called \"Abenomics,\" which aim to overcome deflation that has lasted more than 15 years and to boost the Japanese economy.  

arabstoday
arabstoday

GMT 21:04 2017 Monday ,18 September

Dollar exchange rate stable at major banks

GMT 19:07 2017 Monday ,18 September

Inflation slump to hit in early 2018: ECB

GMT 20:35 2017 Sunday ,17 September

Dollar exchange rate stable at major banks

GMT 05:53 2017 Saturday ,16 September

ECB fines rescued Italian bank 11.2 mln euros

GMT 11:43 2017 Tuesday ,12 September

US sues ex-Deutsche Bank exec for securities fraud

GMT 12:03 2017 Sunday ,10 September

Bahrain introduces mandatory IESCA

GMT 11:55 2017 Sunday ,10 September

CBB hosts SWIFT users security workshop
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s economy in recovery first time in 25 years Arab Today, arab today japan\s economy in recovery first time in 25 years

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s economy in recovery first time in 25 years Arab Today, arab today japan\s economy in recovery first time in 25 years

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Egypt tourism revival steady but slow

GMT 16:04 2017 Tuesday ,19 September

Egypt tourism revival steady but slow
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today 600,000 children may flee to Bangladesh

GMT 06:49 2017 Monday ,18 September

600,000 children may flee to Bangladesh
Arab Today, arab today Equifax executives step down

GMT 16:16 2017 Saturday ,16 September

Equifax executives step down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today 5,000 'Dieselgate' deaths in Europe per year

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Renault-Nissan to launch

GMT 10:44 2017 Saturday ,16 September

Renault-Nissan to launch
Arab Today, arab today Eman Al Assy receives three offers

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers
Arab Today, arab today 'Severe' Typhoon Doksuri pounds Vietnam

GMT 15:49 2017 Friday ,15 September

'Severe' Typhoon Doksuri pounds Vietnam

GMT 11:10 2017 Friday ,15 September

Fadl Shaker retreats from surrendering himself

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 10:25 2017 Thursday ,14 September

Greece fumbled oil spill response

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:45 2017 Sunday ,17 September

France's hurricane-hit St Martin

GMT 21:57 2017 Sunday ,17 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday