Political Turmoil Clouds Japan’s Monetary Outlook
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最新报道：The Japanese yen continues to weaken amid structural economic challenges and political uncertainty, despite Q2 GDP growth of 0.5% q/q, revised up from 0.3%. Private consumption and net exports drove the expansion, but non-residential investment fell short. Political instability following Prime Minister Ishiba's resignation has clouded monetary policy outlook, reducing the probability of a BoJ rate hike to 43% by year-end. Fiscal stimulus and wage growth are expected to support 2025 GDP, now forecast at 1.1%.
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