In addition to weak economic data such as factory output, inflation expectations data like the BOJ's tankan survey on firms' price projections weakened in recent months.

Yuichiro Nagai

Categorized in : Business

The effect of Abenomics hasn't expired, but the policy steps haven't boosted wages enough to meet rising living costs, there's not much the BOJ can do, so there's a higher chance the government may offer fiscal support if consumption fails to rebound in July-September.

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