Yesterday's quarterly survey by the Ministry of Finance supports our view that any improvement in business sentiment stalled in the March quarter but this was largely due to a reaction to accelerated growth in the previous quarter.
More Quotes from Seiji Shiraishi:
Fukui may make remarks that seek to curtail the recent spike in yields, on the view that recent rises are too much.Seiji Shiraishi
I now doubt that recent political pressure can actually affect any policy action at the Bank of Japan, unless unexpected contingency risk shocks the Japanese economy.
Seiji Shiraishi
Core CPI will probably show gains of 0.3 percent or 0.4 percent in the January-March period.
Seiji Shiraishi
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