日本9月家庭支出同比下降6.8%，日本央行权衡12月加息
Japan household spending plunges 6.8%, 10th straight drop, as BoJ weighs December hike
Japan's household expenditures fell 6.8% year-on-year in September, far worse than the expected 3.1% decline, marking the 10th consecutive month of year-on-year declines; after seasonally adjusting, they fell 2.8% month-on-month, while expectations were for a 0.3% increase. Although real wages have risen for eight consecutive months as of August, the increase in income has still been absorbed by the high cost of living and has not been converted into consumption. The Bank of Japan maintained interest rates at 1.25% at an 8-1 ratio on October 30, with one member advocating raising interest rates to 1.5%. The market generally expects to raise interest rates in December, and the summary of the meeting's opinions will affect the pricing of subsequent interest rate increases and the performance of the yen.
Japanese household spending continues to be weak and wage increases have failed to be translated into consumption, highlighting that the recovery of domestic demand is still unstable. This makes the Bank of Japan's decision to raise interest rates in December more dependent on policy signal confirmation. For the foreign exchange market, the differences and wording in the summary of opinions from the October meeting may affect the pricing of subsequent interest rate hikes, which in turn affects the performance of the yen; gold traders also need to pay attention to the indirect impact of yen fluctuations and expected changes in U.S. dollar interest rates on the pace of gold prices.
文章将疲软消费数据与日本央行12月加息定价联系起来，可帮助读者理解短期日元走势为何受会议意见摘要牵动。
来源：ForexLive · investinglive.com