仔细分析一下最新公布的宏观经济数据,日本经济表现出越来越多的陷入衰退的迹象。与此同时,能源和原料价格的上涨又不断推升通胀压力。在这种情况下,日本央行如市场预期的继续维持隔夜拆借利率在0.5%不变,并同时下调了经济增长预期,上调了通胀预期,这无疑表明了日本经济面临着滞胀风险。 After a careful analysis of the latest macroeconomic data, the Japanese economy has shown signs of falling into recession. At the same time, rising energy and raw material prices are pushing up inflationary pressures. Under such circumstances, if the Bank of Japan continues to expect the overnight lending rate to remain unchanged at 0.5%, it will undoubtedly indicate that Japan's economy is facing the risk of stagflation because it has lowered its economic growth expectation and raised its inflationary expectation.