oxford -日本老年家庭将在高利率下支撑消费 Japan’s older households to support spending under higher rates.pdfVIP

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oxford -日本老年家庭将在高利率下支撑消费 Japan’s older households to support spending under higher rates.pdf

7March2025

ResearchBriefing|Japan

Olderhouseholdstosupportspendingunderhigherrates

◼Theresilienceofconsumptionisessentialtosupportsustainedwage-driveninflationandthe

BankofJapansratehikes.Weseelittleriskofspendingfalteringduetotheprojectedgradual

ratehikesto1%becausetheageingofsocietyhasmadehouseholdsbalancesheetsless

vulnerabletorateincreases.

◼Toda

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