BOJ Expects Moderate Growth Despite Middle East Impact

The Bank of Japan (BOJ) has released its summary of opinions from the September monetary policy meeting. The economy is expected to continue growing moderately, but there are some concerns about the impact of the situation in the Middle East on economic activity.

The BOJ's economists point out that while the impact of the Middle East situation is expected to push down economic activity, it will be underpinned by government measures and an increase in global AI-related demand.