The memo discusses recent changes in the Bank of Japan's (BoJ) reports, indicating increased concern about missing inflation targets. It highlights the potential need for additional easing if economic momentum does not improve. The memo also analyzes recent BoJ reports and research studies, noting changes in inflation expectations and GDP components. It emphasizes the importance of the upcoming July 15 monetary policy meeting and the central bank chief's challenges in balancing inflation targets with fiscal consolidation plans.
documents/vol00010-efta01457352-pdf.pdf
{"key_people":["James Malcolm","Mr Kuroda"],"document_type":"correspondence","document_subtype":"memo","key_organizations":["Bank of Japan"],"reference_numbers":["DB-SDNY-0116866","SDNY_GM_00263050","EFTA01457352"]}