BoJ Quarterly Outlook Report: See chance of overshoot in wages, inflation
FXStreetAug 1, 2024 5:34 AM
The Bank of Japan (BoJ) published a full version of its Quarterly Outlook Report on Thursday, highlighting that “there is chance wages, inflation may overshoot expectations, accompanied by heightening inflation expectations and tight labor market.”
Additional takeaways
Price-setting behavior changing in service-sector firms as a whole.
Must scrutinize whether this year's strong wage negotiation outcome would be reflected in service prices.
Big firms' positive wage-setting behaviour spreading steadily to smaller firms.
Market reaction
USD/JPY was last seen trading down 0.09% on the day at 149.80, unperturbed by the above headlines.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Starbucks FY2025 Third Quarter Earnings Comments
Starbucks reported quarterly revenue of $9.5 billion, surpassing market expectations of $9.45 billion, with a year-over-year increase of 4.28%. This growth was primarily driven by new store openings, with a global net addition of 308 stores, bringing the total to 41,097. North America saw 3% growth,TradingKey
19 hours ago
What to Expect From Microsoft Q4 FY2025 Earnings: The King of AI Monetization — A $4 Trillion Market Cap Within Reach?
TradingKey - Cloud giant Microsoft (MSFT.US) will report its fiscal fourth-quarter 2025 earnings (calendar Q2) after the U.S. market close on July 30. Wall Street is bullish, expecting strong results from Azure cloud services and AI-driven growth to propel Microsoft’s market capitalization towardTradingKey
Wed, Jul 30
U.S. GDP, PCE, and Fed Rate Decision Preview: U.S. Stocks May Continue to Rise
TradingKey - The United States is set to release its latest GDP and PCE data on 30–31 July 2025, with the Federal Reserve’s interest rate decision expected concurrently. Market consensus anticipates that the annualized real GDP growth rate for the second quarter will turn positiveTradingKey
Tue, Jul 29
What to Expect From Meta Q2 Earnings: AI Push, Ad Strength — But Can Profitability Hold?
TradingKey - Meta Platforms (META), the parent company of Facebook, Instagram, and WhatsApp, will release its Q2 2025 earnings after the U.S. market close on Wednesday, July 30. After nine consecutive quarters of beating expectations, analysts expect another strong performance — driven by AI-poweredTradingKey
Tue, Jul 29
Tradingkey
