2012年7月1日星期日

In a sign that resilience

In a sign that resilience ray ban sunglasses online discount in domestic demand may be sustained, big firms plan to raise their capital spending by 6.2 percent in the financial year that ends in March 2013, more than the median forecast in a Reuters poll for a 3.5 percent increase. Japan's economy is expected to outperform most of its G7 peers this year with growth of around 2 percent, helped by earthquake reconstruction spending, with some central bankers expecting to see a rebound in the autumn. But the stubbornly strong yen, ray ban sunglasses cheap sale Europe's continuing debt woes and slowing growth in emerging economies are clouding the outlook for the export-reliant economy. The tankan will be closely scrutinised when Bank of Japan policymakers meet on July 11-12 to issue revised quarterly growth forecasts and debate whether the economy needs further monetary stimulus. Some analysts believe the central bank may ease monetary policy again to show its determination to beat deflation. While the BOJ has signalled it is ready to act again, many in the bank prefer to stand pat for now unless a yen spike or renewed market turmoil triggered by Europe's ray ban sunglasses best for men crisis threaten to derail Japan's recovery prospects.

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