U.S. markets open in 7 hours 17 minutes
  • S&P Futures

    4,165.75
    -12.75 (-0.31%)
     
  • Dow Futures

    34,006.00
    -27.00 (-0.08%)
     
  • Nasdaq Futures

    13,109.25
    -73.75 (-0.56%)
     
  • Russell 2000 Futures

    1,804.80
    -5.10 (-0.28%)
     
  • Crude Oil

    78.21
    -0.95 (-1.20%)
     
  • Gold

    2,007.10
    -0.20 (-0.01%)
     
  • Silver

    25.31
    -0.06 (-0.24%)
     
  • EUR/USD

    1.0971
    +0.0013 (+0.12%)
     
  • 10-Yr Bond

    3.6020
    0.0000 (0.00%)
     
  • Vix

    16.46
    -0.37 (-2.20%)
     
  • GBP/USD

    1.2449
    +0.0011 (+0.09%)
     
  • USD/JPY

    134.5770
    -0.0180 (-0.01%)
     
  • Bitcoin USD

    28,979.66
    -1,254.15 (-4.15%)
     
  • CMC Crypto 200

    643.23
    -31.29 (-4.64%)
     
  • FTSE 100

    7,898.77
    -10.67 (-0.13%)
     
  • Nikkei 225

    28,647.88
    +41.12 (+0.14%)
     

BOJ keeps upbeat economic view on seven of Japan's nine regions

  • Oops!
    Something went wrong.
    Please try again later.
People walk in front of the bank of Japan building in Tokyo
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

By Leika Kihara

TOKYO (Reuters) - The Bank of Japan maintained its upbeat economic assessment for most regions on Thursday, saying wage hikes were broadening, underscoring its conviction that the country was on a path to sustainably meet its inflation target of 2%.

In a quarterly report analysing regional economies, the central bank left unchanged its assessment for seven of Japan's nine regions, which were "picking up" or "picking up moderately", it added.

"Many regions said wage hikes were broadening, even among small and mid-sized firms due to intensifying job shortages and rising inflation," the bank said in a summary of a meeting of its regional branch managers.

The BOJ's two-day policy meeting that ends on April 28 will scrutinise the report and the summary, among other factors.

(Reporting by Leika Kihara; Editing by Chang-Ran Kim and Clarence Fernandez)