News: 2024.03.21
The Bank of Japan recently announced that it would withdraw from its negative interest rate policy, but Liang Zhonghua, chief macroeconomic analyst at Haitong Securities, pointed out that this does not mean that the Japanese economy is completely out of trouble. He pointed out that Japan's current economic and inflation prospects are still not optimistic, and financial conditions will remain loose.
Liang Zhonghua further pointed out that the Bank of Japan stated that when it is necessary to adjust policies, it will use various tools to respond. This shows that the Bank of Japan will continue to pay close attention to the economic situation and is ready to take action at any time.
The Bank of Japan stressed that they will adjust policy based on economic and inflation developments. If long-term interest rates rise rapidly, the Bank of Japan will take corresponding measures to stabilize the market.
According to Liang Zhonghua's analysis, Japan's economy still faces many challenges, including an aging population and weak domestic demand. These problems will continue to affect Japan's economic growth and inflation rates.
In general, Japan's withdrawal from the negative interest rate policy does not mean that its economic problems have been solved. Liang Zhonghua suggested that the Japanese government and central bank should continue their efforts and take more measures to promote economic growth and inflation.