Bank of Japan’ monthly report: the central bank cuts its industrial output forecast for the third quarter

Market news

8 October 2015

Bank of Japan’ monthly report: the central bank cuts its industrial output forecast for the third quarter

The Bank of Japan (BoJ) released its monthly report on Thursday. The central bank lowered its industrial output forecast for the third quarter, saying that "industrial production have recently been more or less flat", driven mainly by the effects of the slowdown in emerging economies.

The central bank also said that Japan's economy continued to recover moderately.

The inflation is expected to be around zero "for the time being", due to lower energy prices.

European Central Bank chief economist Peter Praet: seeping pessimism weighs on the recovery of the Eurozone’s economy

ECB Monetary Policy Meeting Account: the central bank will raise the pace of its asset purchases from September to November 2015

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