VOT Research Desk
Japan’s Chief Cabinet Secretary Hirokazu Matsuno stated in response to the Bank of Japan (BoJ) Tankan survey that they must be cautious to negative risks from slowing global economy amid monetary tightening and inflation.
Early on Wednesday, the carefully regarded BoJ Tankan survey revealed that, for the fourth consecutive quarter, business confidence among major Japanese manufacturers declined.
According to the study, inflation predictions among Japanese businesses for the next one and three years have both reached a record high.
