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BOJ Quarterly Outlook Report: Uncertainty over Japan's economy extremely high

Following are the key highlights from the Bank of Japan’s (BoJ) quarterly outlook report, reported by Reuters.

Key takeaways

Board's real GDP fiscal 2025 median forecast at +1.0%

Board's real GDP fiscal 2024 median forecast at +1.2% vs +1.1% in january

Board's real gdp fiscal 2023 median forecast at +1.4% vs +1.7% in january

Uncertainty over japan's economy extremely high

Need to closely watch financial, currency market moves and their impact on japan's economy and prices

Risks to economic outlook broadly balanced

Risks to price outlook skewed to upside in fiscal year 2023 but skewed to downside in fiscal year 2025

Uncertainty is high for china's economy

 

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