The document discusses the economic outlook, highlighting that while corporate profits and employee income have exceeded expectations, private consumption data for real GDP is weaker than predicted. The likelihood of inflation switching to a 2% trend is low, with a higher probability of a 1% trend. The central bank chief is cautious about missing the 2-year inflation target and emphasizes the importance of the government's fiscal consolidation plan.
doj/DataSet10/EFTA01383632.pdf
{"key_people":["Mr Kuroda"],"document_type":"correspondence","key_organizations":["Bank of Japan","Deutsche Bank"],"reference_numbers":["DB-SDNY-0083382","SDNY_GM_00229566","EFTA01383632"]}