Positive sentiment in Japanese automakers and hotels boosts economic outlook ...Middle East

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Positive sentiment in Japanese automakers and hotels boosts economic outlook
A Bank of Japan official is hitting the news with his take on some good news from the Tankan report: Big automakers' sentiment DI, at +28, was the highest since March 2014Big hotel, restaurants sentiment DI, at +51, hits its highest level since comparable data became available in March 2004 Those are some good results indeed. If the Bank was aware of similar good news on sustainable and stable inflation at or above target it'll let us know. That's what the Bank wants to see to allow it it ratchet down its super-accommodative monetary policy.Earlier:Japanese firms expect CPI to rise 2.4% in the coming year***"DI" stands for "Diffusion Index." This index is used in surveys of businesses and o

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