Japan's uncertain export market is creating challenges for the BOJ's strategy. On MNI Policy MainWir...
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The MNI Markets Team’s expectations for the updated Economic Projections in the March SEP are below.
Amid rising government policy uncertainty, sentiment among businesses and consumers has fallen sharply since the start of the year, while equities and the dollar have reversed their post-election rise. Overall, financial conditions have tightened, even if stress is not yet mounting, e.g. no major widening of credit spreads (the accompanying chart shows the Fed’s financial conditions impulse index but only through January).