IMF: Japan inflation likely to stay below 2 pct target over medium term

Market news

19 June 2017

IMF: Japan inflation likely to stay below 2 pct target over medium term

Japan economic growth momentum to continue in 2017, to weaken in 2018 if fiscal stimulus fades
Japan near-term fiscal stimulus should be neutral in 2018, avoiding scheduled withdrawal of fiscal stimulus
BoJ's continued accommodative stance needs to be accompanied by bold structural reform, credible fiscal consolidation plan
Japan mid-term fiscal plan should place emphasis on gradual sales tax hikes, starting as soon as possible, to at least 15 pct

British foreign minister Boris Johnson says Brexit talks must look to future, think about the deep and special partnership that we want with EU

Positive start of trading expected on the main European stock markets: DAX + 0.5%, CAC 40 + 0.5%, FTSE 100 + 0.7%

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