BOJ Debated Risks From Supply Constraints, China Slowdown: September Summaryon October 1, 2021 at 3:46 pm

TOKYO—Bank of Japan (BOJ) policymakers in September saw rising risks to the economy from slowing Chinese growth, semiconductor shortages and Southeast Asian factory shutdowns, a summary of opinion expressed at their monthly rate review showed on Friday. Such heightening external risks could affect the BOJ’s fresh quarterly growth projections, due at its next policy-setting meeting on Oct. 27–28. “Exports and output continue to rise. But we must carefully watch how chip shortages and disruptions in Southeast Asian parts factories affect capital expenditure and corporate funding,” one board member was quoted as saying in the summary. “There are signs China’s economy is slowing even as the global economy continues to recover as a trend,” according to another opinion shown in the summary. While most policymakers maintained their view the economy was headed for a moderate recovery, one said it will temporarily take a hit from supply constraints and continued weakness in …

Leave a Reply

Your email address will not be published.

Next Post

Statistics Canada Says GDP Fell 0.1 per Cent in July, Estimates Bump in Auguston October 1, 2021 at 3:57 pm

Fri Oct 1 , 2021
OTTAWA—Statistics Canada said Friday the economy shrank 0.1 percent in July, following a 0.6 percent rise in June. The agency’s initial estimate for July real gross domestic product had been for a contraction of 0.4 percent despite an easing of public health restrictions. While the majority of sectors the agency […]

Chief Editor

Johny Watshon

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur

Quick Links

Newsletter Signup

Sign up now and never miss a thing!

You're Signed Up!

Now that you are signed up, we will send you exclusive offers periodically.