Monetary Policy Meetings : 日本銀行 Bank of Japan
In 1897, Japan joined the gold standard,[25] and in 1899 the former "national" banknotes were formally phased out. The BOJ expects further upward pressure on wages to come from Japan's output gap, which could potentially turn positive around mid-fiscal 2023 before growing at a moderately slower pace after. In the BOJ's quarterly outlook, the bank said it expects the Japanese economy to grow above its projected potential, given the virtuous cycle that is emerging from higher income that has partly...
