There's no doubt that the economy is emerging from deflation, and is at little risk of slipping back into it.
More Quotes from Hiroaki Muto:
Business spending is evidently strong and will remain so for the rest of the year, driving overall economic growth.Hiroaki Muto
The latest trade figures confirm that Japan's economy is recovering steadily and modestly.
Hiroaki Muto
Wage and labor conditions have been a lot stronger than expected. We expect the bank to end its zero-rate policy in the third quarter.
Hiroaki Muto
The report paves the way for the Bank of Japan to lift interest rates at least once this year. The Japanese economy gives no reasons to restrict the bank's successive rate increases after the first one.
Hiroaki Muto
The pace of consumer spending in the first half was too strong, so it will be slower in the second. The gradual increase in wages and decrease in unemployment will continue.
Hiroaki Muto
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M. Scott Peck
The Catholic and the Communist are alike in assuming that an opponent cannot be both honest and intelligent.
George Orwell