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BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources

StreetInsider2021-07-08

TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of ...

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Jarodfoo
·2021-07-08
Tough
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LZH93
·2021-07-08
?
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1
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Eddioh
·2021-07-08
Please like & comments, thank you so much
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- Reindeerrr:
  done
  2021-07-08
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janeng_919
·2021-07-08
Ok
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1
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ShinChan89
·2021-07-08
Pls like and comment
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- xoomix:
  Ok
  2021-07-08
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- Eddioh:
  Like
  2021-07-08
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Sherminxm
·2021-07-08
Wow
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Zozo11
·2021-07-08
?
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王虎V
·2021-07-08
Like
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MoneyKing
·2021-07-08
Please like and comment ?Thanks
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- Wenjiapoo:
  ok
  2021-07-08
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Dragon77
·2021-07-08
Grear
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LeeWan
·2021-07-08
Ok
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4
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jw321
·2021-07-08
expected
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- LeeWan:
  Oh
  2021-07-08
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JiaLe
·2021-07-08
Like and comment please….
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- jw321:
  comment back please
  2021-07-08
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- ShinChan89:
  yes
  2021-07-08
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It is also widely expected to keep monetary settings unchanged.</p>\n<p>In the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.</p>\n<p>The growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.</p>\n<p>The central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.</p>\n<p>The BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.</p>\n<p>Japan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.</p>\n<p>Analysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 20:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18654666><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18654666\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18654666","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149346693","content_text":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.\nBut the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.\nThe expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.\n\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, one of the sources said, a view echoed by three other sources.\nIn most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.\nAt its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.\nIn the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.\nThe growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.\nThe central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.\nThe BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.\nJapan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.\nAnalysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149797506,"gmtCreate":1625747811305,"gmtModify":1703747674120,"author":{"id":"3561952980381559","authorId":"3561952980381559","name":"LZH93","avatar":"https://static.tigerbbs.com/dd274730798ffb61043997819bbeaa13","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149797506","repostId":2149346693,"repostType":4,"repost":{"id":"2149346693","pubTimestamp":1625747340,"share":"https://www.laohu8.com/m/news/2149346693?lang=&edition=full","pubTime":"2021-07-08 20:29","market":"us","language":"en","title":"BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2149346693","media":"StreetInsider","summary":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast","content":"<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.</p>\n<p>But the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.</p>\n<p>The expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.</p>\n<p>\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, <a href=\"https://laohu8.com/S/AONE\">one</a> of the sources said, a view echoed by three other sources.</p>\n<p>In most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.</p>\n<p>At its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.</p>\n<p>In the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.</p>\n<p>The growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.</p>\n<p>The central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.</p>\n<p>The BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.</p>\n<p>Japan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.</p>\n<p>Analysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 20:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18654666><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18654666\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18654666","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149346693","content_text":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.\nBut the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.\nThe expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.\n\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, one of the sources said, a view echoed by three other sources.\nIn most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.\nAt its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.\nIn the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.\nThe growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.\nThe central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.\nThe BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.\nJapan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.\nAnalysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149797173,"gmtCreate":1625747791492,"gmtModify":1703747674607,"author":{"id":"3570884168542130","authorId":"3570884168542130","name":"Eddioh","avatar":"https://static.tigerbbs.com/1d108cd23a6dcc7d3a1131ff3615e300","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Please like &amp; comments, thank you so much&nbsp;","listText":"Please like &amp; comments, thank you so much&nbsp;","text":"Please like & comments, thank you so much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/149797173","repostId":2149346693,"repostType":4,"repost":{"id":"2149346693","pubTimestamp":1625747340,"share":"https://www.laohu8.com/m/news/2149346693?lang=&edition=full","pubTime":"2021-07-08 20:29","market":"us","language":"en","title":"BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2149346693","media":"StreetInsider","summary":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast","content":"<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.</p>\n<p>But the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.</p>\n<p>The expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.</p>\n<p>\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, <a href=\"https://laohu8.com/S/AONE\">one</a> of the sources said, a view echoed by three other sources.</p>\n<p>In most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.</p>\n<p>At its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.</p>\n<p>In the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.</p>\n<p>The growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.</p>\n<p>The central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.</p>\n<p>The BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.</p>\n<p>Japan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.</p>\n<p>Analysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 20:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18654666><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18654666\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18654666","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149346693","content_text":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.\nBut the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.\nThe expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.\n\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, one of the sources said, a view echoed by three other sources.\nIn most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.\nAt its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.\nIn the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.\nThe growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.\nThe central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.\nThe BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.\nJapan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.\nAnalysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5161291,"gmtCreate":1625748389659,"gmtModify":1663230710448,"authorId":3577268548812626,"author":{"id":3577268548812626,"authorId":3577268548812626,"name":"Reindeerrr","avatar":"https://static.tigerbbs.com/4de7d68397230618b1e78d4d7948834e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149797173,"type":1,"supId":0,"prevId":0,"content":"<u>done</u>","text":"<u>done</u>","html":"<u>done</u>"}],"langContent":"EN"},{"id":149797352,"gmtCreate":1625747782976,"gmtModify":1703747673468,"author":{"id":"4087907571494110","authorId":"4087907571494110","name":"janeng_919","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149797352","repostId":2149346693,"repostType":4,"repost":{"id":"2149346693","pubTimestamp":1625747340,"share":"https://www.laohu8.com/m/news/2149346693?lang=&edition=full","pubTime":"2021-07-08 20:29","market":"us","language":"en","title":"BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2149346693","media":"StreetInsider","summary":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast","content":"<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.</p>\n<p>But the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.</p>\n<p>The expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.</p>\n<p>\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, <a href=\"https://laohu8.com/S/AONE\">one</a> of the sources said, a view echoed by three other sources.</p>\n<p>In most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.</p>\n<p>At its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.</p>\n<p>In the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.</p>\n<p>The growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.</p>\n<p>The central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.</p>\n<p>The BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.</p>\n<p>Japan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.</p>\n<p>Analysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 20:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18654666><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18654666\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18654666","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149346693","content_text":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.\nBut the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.\nThe expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.\n\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, one of the sources said, a view echoed by three other sources.\nIn most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.\nAt its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.\nIn the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.\nThe growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.\nThe central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.\nThe BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.\nJapan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.\nAnalysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149795137,"gmtCreate":1625747632629,"gmtModify":1703747670721,"author":{"id":"3581763751831637","authorId":"3581763751831637","name":"ShinChan89","avatar":"https://static.tigerbbs.com/93838fdb97783c72aa29aef28ea94143","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Pls like and comment","listText":"Pls like and comment","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/149795137","repostId":2149346693,"repostType":4,"repost":{"id":"2149346693","pubTimestamp":1625747340,"share":"https://www.laohu8.com/m/news/2149346693?lang=&edition=full","pubTime":"2021-07-08 20:29","market":"us","language":"en","title":"BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2149346693","media":"StreetInsider","summary":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast","content":"<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.</p>\n<p>But the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.</p>\n<p>The expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.</p>\n<p>\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, <a href=\"https://laohu8.com/S/AONE\">one</a> of the sources said, a view echoed by three other sources.</p>\n<p>In most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.</p>\n<p>At its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.</p>\n<p>In the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.</p>\n<p>The growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.</p>\n<p>The central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.</p>\n<p>The BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.</p>\n<p>Japan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.</p>\n<p>Analysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 20:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18654666><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18654666\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18654666","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149346693","content_text":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.\nBut the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.\nThe expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.\n\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, one of the sources said, a view echoed by three other sources.\nIn most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.\nAt its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.\nIn the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.\nThe growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.\nThe central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.\nThe BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.\nJapan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.\nAnalysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5161306,"gmtCreate":1625748440491,"gmtModify":1663230710538,"authorId":3576157272608324,"author":{"id":3576157272608324,"authorId":3576157272608324,"name":"xoomix","avatar":"https://static.tigerbbs.com/81fb577501c623c67fc3decd73850f8a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149795137,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5161190,"gmtCreate":1625747773029,"gmtModify":1663230710526,"authorId":3570884168542130,"author":{"id":3570884168542130,"authorId":3570884168542130,"name":"Eddioh","avatar":"https://static.tigerbbs.com/1d108cd23a6dcc7d3a1131ff3615e300","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149795137,"type":1,"supId":0,"prevId":0,"content":"Like","text":"Like","html":"Like"}],"langContent":"EN"},{"id":149795959,"gmtCreate":1625747622371,"gmtModify":1703747671207,"author":{"id":"4088434082181330","authorId":"4088434082181330","name":"Sherminxm","avatar":"https://static.tigerbbs.com/a48bc204d5fc6b3e0603c2faf13a5f90","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149795959","repostId":2149346693,"repostType":4,"repost":{"id":"2149346693","pubTimestamp":1625747340,"share":"https://www.laohu8.com/m/news/2149346693?lang=&edition=full","pubTime":"2021-07-08 20:29","market":"us","language":"en","title":"BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2149346693","media":"StreetInsider","summary":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast","content":"<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.</p>\n<p>But the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.</p>\n<p>The expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.</p>\n<p>\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, <a href=\"https://laohu8.com/S/AONE\">one</a> of the sources said, a view echoed by three other sources.</p>\n<p>In most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.</p>\n<p>At its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.</p>\n<p>In the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.</p>\n<p>The growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.</p>\n<p>The central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.</p>\n<p>The BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.</p>\n<p>Japan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.</p>\n<p>Analysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 20:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18654666><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18654666\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18654666","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149346693","content_text":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.\nBut the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.\nThe expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.\n\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, one of the sources said, a view echoed by three other sources.\nIn most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.\nAt its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.\nIn the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.\nThe growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.\nThe central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.\nThe BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.\nJapan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.\nAnalysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149792331,"gmtCreate":1625747580123,"gmtModify":1703747670238,"author":{"id":"4088163140988980","authorId":"4088163140988980","name":"Zozo11","avatar":"https://static.tigerbbs.com/0df473163d25fbc30eac54735b287082","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"?&nbsp;","listText":"?&nbsp;","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149792331","repostId":2149346693,"repostType":4,"repost":{"id":"2149346693","pubTimestamp":1625747340,"share":"https://www.laohu8.com/m/news/2149346693?lang=&edition=full","pubTime":"2021-07-08 20:29","market":"us","language":"en","title":"BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2149346693","media":"StreetInsider","summary":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast","content":"<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.</p>\n<p>But the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.</p>\n<p>The expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.</p>\n<p>\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, <a href=\"https://laohu8.com/S/AONE\">one</a> of the sources said, a view echoed by three other sources.</p>\n<p>In most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.</p>\n<p>At its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.</p>\n<p>In the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.</p>\n<p>The growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.</p>\n<p>The central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.</p>\n<p>The BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.</p>\n<p>Japan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.</p>\n<p>Analysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 20:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18654666><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18654666\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18654666","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149346693","content_text":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.\nBut the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.\nThe expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.\n\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, one of the sources said, a view echoed by three other sources.\nIn most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.\nAt its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.\nIn the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.\nThe growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.\nThe central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.\nThe BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.\nJapan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.\nAnalysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149796524,"gmtCreate":1625747568168,"gmtModify":1703747668946,"author":{"id":"3570938566541704","authorId":"3570938566541704","name":"王虎V","avatar":"https://static.tigerbbs.com/49ea46c7d8ca735c2b0014844e08b2c5","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149796524","repostId":2149346693,"repostType":4,"repost":{"id":"2149346693","pubTimestamp":1625747340,"share":"https://www.laohu8.com/m/news/2149346693?lang=&edition=full","pubTime":"2021-07-08 20:29","market":"us","language":"en","title":"BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2149346693","media":"StreetInsider","summary":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast","content":"<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.</p>\n<p>But the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.</p>\n<p>The expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.</p>\n<p>\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, <a href=\"https://laohu8.com/S/AONE\">one</a> of the sources said, a view echoed by three other sources.</p>\n<p>In most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.</p>\n<p>At its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.</p>\n<p>In the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.</p>\n<p>The growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.</p>\n<p>The central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.</p>\n<p>The BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.</p>\n<p>Japan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.</p>\n<p>Analysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 20:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18654666><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18654666\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18654666","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149346693","content_text":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.\nBut the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.\nThe expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.\n\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, one of the sources said, a view echoed by three other sources.\nIn most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.\nAt its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.\nIn the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.\nThe growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.\nThe central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.\nThe BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.\nJapan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.\nAnalysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149796054,"gmtCreate":1625747529878,"gmtModify":1703747667815,"author":{"id":"3574327231949023","authorId":"3574327231949023","name":"MoneyKing","avatar":"https://static.tigerbbs.com/0360f8ba9e096a0978cf7aabf6b05cf1","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Please like and comment ?Thanks","listText":"Please like and comment ?Thanks","text":"Please like and comment ?Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/149796054","repostId":2149346693,"repostType":4,"repost":{"id":"2149346693","pubTimestamp":1625747340,"share":"https://www.laohu8.com/m/news/2149346693?lang=&edition=full","pubTime":"2021-07-08 20:29","market":"us","language":"en","title":"BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2149346693","media":"StreetInsider","summary":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast","content":"<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.</p>\n<p>But the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.</p>\n<p>The expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.</p>\n<p>\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, <a href=\"https://laohu8.com/S/AONE\">one</a> of the sources said, a view echoed by three other sources.</p>\n<p>In most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.</p>\n<p>At its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.</p>\n<p>In the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.</p>\n<p>The growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.</p>\n<p>The central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.</p>\n<p>The BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.</p>\n<p>Japan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.</p>\n<p>Analysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 20:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18654666><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18654666\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18654666","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149346693","content_text":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.\nBut the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.\nThe expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.\n\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, one of the sources said, a view echoed by three other sources.\nIn most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.\nAt its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.\nIn the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.\nThe growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.\nThe central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.\nThe BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.\nJapan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.\nAnalysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5161169,"gmtCreate":1625747602832,"gmtModify":1663230707947,"authorId":3581934358399632,"author":{"id":3581934358399632,"authorId":3581934358399632,"name":"Wenjiapoo","avatar":"https://static.tigerbbs.com/96939f0f5e3b094ed04cebd28cf62256","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149796054,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":149798484,"gmtCreate":1625747518348,"gmtModify":1703747667493,"author":{"id":"3584790043361762","authorId":"3584790043361762","name":"Dragon77","avatar":"https://static.tigerbbs.com/d9b0b2898d9b2aece5490fa86fd5bd6f","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Grear","listText":"Grear","text":"Grear","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149798484","repostId":2149346693,"repostType":4,"repost":{"id":"2149346693","pubTimestamp":1625747340,"share":"https://www.laohu8.com/m/news/2149346693?lang=&edition=full","pubTime":"2021-07-08 20:29","market":"us","language":"en","title":"BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2149346693","media":"StreetInsider","summary":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast","content":"<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.</p>\n<p>But the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.</p>\n<p>The expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.</p>\n<p>\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, <a href=\"https://laohu8.com/S/AONE\">one</a> of the sources said, a view echoed by three other sources.</p>\n<p>In most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.</p>\n<p>At its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.</p>\n<p>In the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.</p>\n<p>The growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.</p>\n<p>The central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.</p>\n<p>The BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.</p>\n<p>Japan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.</p>\n<p>Analysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 20:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18654666><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18654666\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18654666","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149346693","content_text":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.\nBut the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.\nThe expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.\n\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, one of the sources said, a view echoed by three other sources.\nIn most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.\nAt its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.\nIn the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.\nThe growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.\nThe central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.\nThe BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.\nJapan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.\nAnalysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149791568,"gmtCreate":1625747474154,"gmtModify":1703747665550,"author":{"id":"3558097748623340","authorId":"3558097748623340","name":"LeeWan","avatar":"https://static.tigerbbs.com/88769849d29a340fce73355c249755a4","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149791568","repostId":2149346693,"repostType":4,"repost":{"id":"2149346693","pubTimestamp":1625747340,"share":"https://www.laohu8.com/m/news/2149346693?lang=&edition=full","pubTime":"2021-07-08 20:29","market":"us","language":"en","title":"BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2149346693","media":"StreetInsider","summary":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast","content":"<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.</p>\n<p>But the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.</p>\n<p>The expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.</p>\n<p>\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, <a href=\"https://laohu8.com/S/AONE\">one</a> of the sources said, a view echoed by three other sources.</p>\n<p>In most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.</p>\n<p>At its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.</p>\n<p>In the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.</p>\n<p>The growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.</p>\n<p>The central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.</p>\n<p>The BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.</p>\n<p>Japan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.</p>\n<p>Analysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 20:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18654666><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18654666\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18654666","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149346693","content_text":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.\nBut the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.\nThe expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.\n\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, one of the sources said, a view echoed by three other sources.\nIn most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.\nAt its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.\nIn the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.\nThe growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.\nThe central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.\nThe BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.\nJapan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.\nAnalysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":149791002,"gmtCreate":1625747452706,"gmtModify":1703747664574,"author":{"id":"3574053691106982","authorId":"3574053691106982","name":"jw321","avatar":"https://static.tigerbbs.com/1263b51c7856e75fbd5cf4072078ca6e","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"expected","listText":"expected","text":"expected","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/149791002","repostId":2149346693,"repostType":4,"repost":{"id":"2149346693","pubTimestamp":1625747340,"share":"https://www.laohu8.com/m/news/2149346693?lang=&edition=full","pubTime":"2021-07-08 20:29","market":"us","language":"en","title":"BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2149346693","media":"StreetInsider","summary":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast","content":"<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.</p>\n<p>But the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.</p>\n<p>The expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.</p>\n<p>\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, <a href=\"https://laohu8.com/S/AONE\">one</a> of the sources said, a view echoed by three other sources.</p>\n<p>In most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.</p>\n<p>At its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.</p>\n<p>In the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.</p>\n<p>The growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.</p>\n<p>The central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.</p>\n<p>The BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.</p>\n<p>Japan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.</p>\n<p>Analysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 20:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18654666><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18654666\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18654666","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149346693","content_text":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.\nBut the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.\nThe expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.\n\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, one of the sources said, a view echoed by three other sources.\nIn most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.\nAt its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.\nIn the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.\nThe growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.\nThe central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.\nThe BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.\nJapan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.\nAnalysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5161151,"gmtCreate":1625747483912,"gmtModify":1663230706557,"authorId":3558097748623340,"author":{"id":3558097748623340,"authorId":3558097748623340,"name":"LeeWan","avatar":"https://static.tigerbbs.com/88769849d29a340fce73355c249755a4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149791002,"type":1,"supId":0,"prevId":0,"content":"Oh","text":"Oh","html":"Oh"}],"langContent":"EN"},{"id":149793512,"gmtCreate":1625747443536,"gmtModify":1703747663767,"author":{"id":"3577097645660752","authorId":"3577097645660752","name":"JiaLe","avatar":"https://static.tigerbbs.com/24a1ed581cfd6c2dbde8ebd02058830d","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like and comment please….","listText":"Like and comment please….","text":"Like and comment please….","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/149793512","repostId":2149346693,"repostType":4,"repost":{"id":"2149346693","pubTimestamp":1625747340,"share":"https://www.laohu8.com/m/news/2149346693?lang=&edition=full","pubTime":"2021-07-08 20:29","market":"us","language":"en","title":"BOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2149346693","media":"StreetInsider","summary":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast","content":"<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.</p>\n<p>But the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.</p>\n<p>The expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.</p>\n<p>\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, <a href=\"https://laohu8.com/S/AONE\">one</a> of the sources said, a view echoed by three other sources.</p>\n<p>In most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.</p>\n<p>At its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.</p>\n<p>In the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.</p>\n<p>The growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.</p>\n<p>The central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.</p>\n<p>The BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.</p>\n<p>Japan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.</p>\n<p>Analysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBOJ seen cutting this year's growth forecast as COVID-19 curbs hurt outlook - sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 20:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18654666><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18654666\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18654666","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149346693","content_text":"TOKYO (Reuters) - The Bank of Japan is expected to slash this fiscal year's economic growth forecast in fresh quarterly projections due out next week, sources say, as prospects of another state of emergency for Tokyo threaten to dent consumption.\nBut the central bank is likely to maintain its view the world's third-largest economy is headed for a moderate recovery as robust exports and output offset some of the weakness in consumer demand, said four sources familiar with its thinking.\nThe expected downgrade highlights Japan's struggle to contain the COVID-19 pandemic, as slow vaccine rollouts and a resurgence in infections force authorities to declare a state of emergency for Tokyo just 16 days before the Olympic Games begin.\n\"The foundations of a recovery are in place, but the timing may be delayed somewhat,\" as the curbs weigh on the economy's expected rebound in the current quarter, one of the sources said, a view echoed by three other sources.\nIn most recent forecasts made in April, the BOJ expected the economy to expand 4.0% in the current fiscal year ending in March 2022, higher than a 3.6% growth projected in a Reuters poll.\nAt its July 15-16 policy meeting, the BOJ will likely cut the current year's growth forecast in fresh quarterly and inflation projections, the sources said. It is also widely expected to keep monetary settings unchanged.\nIn the new estimates, the BOJ will likely revise up this fiscal year's consumer inflation forecast mainly reflecting the boost from recent rises in energy costs, the sources said.\nThe growth projections for next fiscal year ending in March 2023 will depend much on when households begin to feel safe enough to boost spending on leisure and travel, analysts say.\nThe central bank currently expects the economy to expand 2.4% next fiscal year and 1.3% the following year.\nThe BOJ estimates that households have 20 trillion yen ($182 billion) in \"forced\" savings accumulated last year due to stay-at-home policies, which could be tapped when vaccines are rolled out widely.\nJapan's economy shrank an annualised 3.9% in January-March and likely barely grew in the second quarter, as the pandemic took a toll on service spending.\nAnalysts and policymakers had expected the economy to enjoy a solid rebound in the latter half of this fiscal year, in part hoping that steady vaccinations and removal of curbs would spur pent-up demand for leisure and travel.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5161147,"gmtCreate":1625747468840,"gmtModify":1663230708042,"authorId":3574053691106982,"author":{"id":3574053691106982,"authorId":3574053691106982,"name":"jw321","avatar":"https://static.tigerbbs.com/1263b51c7856e75fbd5cf4072078ca6e","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149793512,"type":1,"supId":0,"prevId":0,"content":"comment back please","text":"comment back please","html":"comment back please"},{"id":5161172,"gmtCreate":1625747623344,"gmtModify":1663230707939,"authorId":3581763751831637,"author":{"id":3581763751831637,"authorId":3581763751831637,"name":"ShinChan89","avatar":"https://static.tigerbbs.com/93838fdb97783c72aa29aef28ea94143","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":149793512,"type":1,"supId":5161147,"prevId":0,"content":"<u>yes</u>","text":"<u>yes</u>","html":"<u>yes</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":48,"commentSize":13,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}