Summary of Opinions at the Monetary Policy Meeting on Jan. 20 and 21, 2020

Economic Developments *Japan’s economy has been on a moderate expanding trend, although exports, production, and business sentiment have shown some weakness, mainly affected by the slowdown in overseas economies and natural disasters. *The probability that the global economy will follow its recovery trend through the middle of this year seems to be increasing. *Although risks concerning overseas economies remain significant, signs of recovery have started to be observed in part, as seen in the cycle for IT-related goods shifting toward a phase of improvement. Under these circumstances, Japan’s economy has maintained … (full story)

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