(Source: IMF - International Monetary Fund) August 2, 2016 On July 29, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Japan. Economic growth has slowed due to weak private consumption and sluggish investment, and inflation has lost its forward momentum. While financial conditions remain accommodative, falling stock prices and the appreciation of the yen have resulted in a modest tightening. The authorities responded to the weaker domestic and external economic environment through additional monetary and fiscal support, including the adoption of the negative interest rate policy, plans for additional fiscal stimulus, and the...
↧