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Extraction Summary

1
People
6
Organizations
1
Locations
3
Events
0
Relationships
3
Quotes

Document Information

Type: Economic analysis report
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Summary

This document is an economic analysis report titled 'Japan Economics Viewpoint' by Bank of America Merrill Lynch, dated November 18, 2016. The report analyzes Japan's monetary policy, predicting that a shift by the Bank of Japan will lead to higher inflation and wage growth in 2017-2018. The document contains no information related to Jeffrey Epstein; the footer 'HOUSE_OVERSIGHT_014412' suggests it was an exhibit in a congressional investigation, which may be why it was grouped with unrelated case files.

People (1)

Name Role Context
Shinzo Abe Former Prime Minister of Japan
Mentioned implicitly through the term 'Abenomics', his economic policies, which are referenced in a chart about job g...

Organizations (6)

Name Type Context
Bank of America Merrill Lynch
Author of the report, as indicated by the logo and source lines.
BoJ (Bank of Japan)
The central subject of the monetary policy analysis.
JCER (Japan Center for Economic Research)
Cited as the source for 'Consensus' data in Chart 7.
MHLW (Ministry of Health, Labour and Welfare, Japan)
Cited as a data source for Chart 8 on wage growth.
MIA (Ministry of Internal Affairs and Communications, Japan)
Cited as a data source for Charts 6, 8, and 9.
U.S. House Committee on Oversight
Inferred from the Bates stamp 'HOUSE_OVERSIGHT_014412' in the footer, suggesting the document was part of evidence or...

Timeline (3 events)

2016
The Bank of Japan (BoJ) transitioned its monetary policy to yield-curve targeting.
Japan
BoJ
2017-2018
Bank of America Merrill Lynch forecasts an increase in Japan's core inflation and wage growth.
Japan
c. 2012-2020
Implementation of 'Abenomics', a set of economic policies advocated by Shinzō Abe, mentioned in the context of accelerating full-time job growth.
Japan

Locations (1)

Location Context
The entire report is an economic analysis of Japan.

Key Quotes (3)

"Policy headwinds are also abating: for the first time since 2013, both fiscal and monetary policy are poised to turn stimulatory in 2017."
Source
HOUSE_OVERSIGHT_014412.jpg
Quote #1
"The BoJ's transition to yield-curve targeting ensures that real yields will drop as inflation picks up, implying that financial conditions will turn increasingly loose as the recovery progresses."
Source
HOUSE_OVERSIGHT_014412.jpg
Quote #2
"We are bullish on all three factors and see CY17 core inflation running at an above-consensus 1.0% and 1.4% in CY18."
Source
HOUSE_OVERSIGHT_014412.jpg
Quote #3

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