scandal involving not just toyota but toyota, honda, mazda, suzuki, yamaha motor, whole number of companies there. so i imagine this will be the main topic of the meeting. there may be some questions about keeping costs under control, the effect of the weak yen, perhaps the decline in demand for electric vehicles, but really they are going to be tackling this problem head on. i just wanted to say on that point, how do you feel that controversy is likely to impact the company, short and long term? i think, short term, we can t deny the news of what has happened here, but i think it needs to be put into context. we don t actually have any cheating going on here. this is really somewhere between the bureaucratic way the japanese test cars, and actually being driven by one of the ministries, excuse the pun, and the way the press reported this. so what we re talking about here is actuallyjust the difference in a way between the way the domestic cars are tested, because in japan, d
company and basically to please shareholders going ahead, but of course with toyota they will be on the defensive, particularly because of the so called scandal involving not just toyota but toyota, honda, mazda, suzuki, yamaha motor, whole number of companies there. so imagine this will be there. so imagine this will be the main topic of the meeting. there may be some questions about keeping costs under control, the effect of the weekend, perhaps the decline in demand for electric vehicles, but really they are going to be tackling this problem head on. ijust tackling this problem head on. i just wanted to say on that point how do you feel that controversy is likely to impact the company, short and long term. i the company, short and long term. ~ , ., term. i think the short term, we can t term. i think the short term, we can t deny term. i think the short term, we can t deny the term. i think the short term, we can t deny the news - term. i think the short term, we ca
because of the so called scandal involving notjust scandal involving not just toyota scandal involving notjust toyota but honda, mazda, suzuki, yamaha, a whole load of companies there. this will be a sensitive topic of the meeting. there may be some questions about keeping costs under control, the effect of the week and perhaps the decline in demand for a period where really they will be tackling this problem head on stop i to say on that point how do you feel that controversy is likely to impact the company short and long term? short term we cannot deny the news of what has happened here, buti deny the news of what has happened here, but i think it needs to be put into context. we don t actually have any cheating going on here. this is really it, it s somewhere between the bureaucratic way that the japanese test cars and actually being driven by one of the ministries, excuse the pun, and the way we reported this. what we are talking about here is actually just a what we are
growth at 6.5 percent this year. and it going at a 3.3 percent by the end of next year and inflation estimates have been raised significantly to 2.4 percent for this year from 1.8 percent from last december and now inflation went up in the projection of 1.8 percent in january - 2.2 percent now is what they believe the inflation is coming back down to the 2 percent target in 2022. now on unemployment they see the unemployment rate ending at 4.5 percent following to 3.9 percent in 2022 in the dropping again by the end of 2023. to the three have percent of the fed into space and no change in the federal planet rate if you look at the data through 2023, and if you look at that same plot, there are four members that see liftoff of reason 2022 that number goes up to seven members that liftoff in 2023 but again, the bottom line here is nothing is changing the federal reserve but they do believe inflation will spike. charles: thank you very very much. there s a lot to take in and unp
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