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Japan’s central bank survey shows an improved outlook for manufacturers
The Bank of Japan's tankan survey shows a rise in large manufacturers' confidence to +14, driven by tariff relief and stronger capital expenditure plans, boosting odds of a rate hike.
- Sentiment among Japan's large manufacturers improved for a second consecutive quarter, with the diffusion index rising to plus 14, according to a Bank of Japan survey.
- The latest survey indicates that optimism is tied to a tariff agreement with the U.S., which lowers some export tariffs for Japanese goods.
- Despite the improved sentiment, higher tariffs are still negatively impacting profits and spending for many industries, limiting the overall economic benefits.
- Inflation expectations remained unchanged at 2.4%, with analysts predicting a possible interest rate hike by the Bank of Japan soon.
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BOJ survey shows improved outlook for manufacturers
Sentiment among Japan’s large manufacturers improved for a second straight quarter, according to a closely watched Bank of Japan survey, making a rate hike by its central bank more likely. The quarterly survey, called the tankan, showed the outlook among major manufacturers, the key so-called diffusion index, rose 1 point…
·Sakado, Japan
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Associated Press News+7 Reposted by 7 other sources
Japan's central bank survey shows an improved outlook for manufacturers
A closely watched survey by Japan's central bank shows sentiment among large Japanese manufacturers improved for a second straight quarter, making an interest rate hike more likely.
·United States
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Coverage Details
Total News Sources15
Leaning Left7Leaning Right3Center2Last UpdatedBias Distribution58% Left
Bias Distribution
- 58% of the sources lean Left
58% Left
L 58%
C 17%
R 25%
Factuality
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