economists expect Japan's Central Bank (Bank of Japan) or slashed this year Japan economic growth estimates, caused by strong earthquakes tsunami catastrophe March 11 "supply injury", but the Central Bank probably will not take additional easing measures at the moment.
media survey of economists on average expected Japan's Central Bank may cut Japan GDP growth estimate to 0.8%, estimated to raise the 1.6% for January.
Japan's Central Bank plans this week four (April 28) after the end of the monetary policy meeting announced half-year half-yearly estimates of economic growth.
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primary South grams speech or revealed fed exit route figure QE2 or painting Shang period European Central Bank new Palm lock will "meaning" in the people RMB on dollars 25th disk in the volatility near 0.5% RMB is period currency yesterday once fell stopped vulnerable dollars has is "spent" Shen Jianguang: exchange rate interest rate need more flexible second quarter investment policy will hot registration in the despite is expected estimated will was degraded , But all the 10 economists are of the view that banks will maintain the index level of interest rates in the 0-0.1% of the original unchanged, and does not take unconventional easing. Instead, the Central Bank is likely to continue to implement the mobility policy earlier this month, to finance the magnitude nine earthquake disaster area.
Japan's Central Bank announced earlier this month after the monetary policy meeting of maintaining 0 ￣ 0.1% benchmark interest rate unchanged, and introduced a scale of 1 trillion yen for a one-year special project, increase issued low interest loans to the banking industry, corporate post-disaster reconstruction. After pumping massive liquidity into the markets to stabilize the financial markets, which is Japan's Central Bank after earthquake first introduced financial assistance programs for the real economy.
Japan Central Bank Governor Shirakawa (Masaaki Shirakawa) on Friday (April 22) in a media interview publicly acknowledged for the first time Japan economy or in the first half of 2011 into recession. Shirakawa, commitments, such as the further deterioration of the situation, Japan's Central Bank will take the appropriate action.
Shirakawa accepted United States media noted in an interview, 3-11 earthquake caused many enterprises cut off, facing a serious shortage of domestic problems. With the advent of summer, economic challenges or face power supply limits and extension of the production cycle. If the aim global, supply limitations at least until August.
Shirakawa said Enterprise discontinued March 11 East Japan after earthquake Japan economy faces major problems. He pointed out that this is the crux, domestic demand did not disappear after the earthquake, but less supply demand cannot be met. He also said that power shortages that may occur during the summer may extend the time for disruption.
Shirakawa admitted, Japan's Central Bank has made in the economic environment deteriorated further relaxation of the policy in the context of preparations.
according to the latest in April media survey, analysts generally expect Japan first quarter real gross domestic product (GDP) per annum or contraction of 0.22%, 2.83% or atrophy in the second quarter.
