Bloomberg Daybreak: Asia Edition
Big Tech Earnings, BOJ Decision
Apr 26, 2024
Peiqian Liu discusses BOJ decision and Asia economic outlook. Robert Lea talks about impact of AI on big tech earnings. Jill Disis explores Secretary Blinken's visit to China.
20:14
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Quick takeaways
- BOJ focuses on inflation forecasts above 2% for next 3 years.
- Big tech earnings emphasize AI as a crucial multi-year trend.
Deep dives
The Bank of Japan's Monetary Policy Expectations
Expectations for the Bank of Japan's monetary policy indicate an unchanged policy rate and setting. Recent actions saw the exit from negative interest rates. Focus is on inflation revisions with forecasts anchored around or above 2% for the next three years.
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