Risk of a Slower Economic Recovery Due to Global Monetary Tightening and Rising Interest Rates
First written in FY2023-Q1. 5 of 9 entries say "Restated". Latest entry: FY2025.
Ryoden moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 25 of 36 companies on the "Worse" side.
53 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「During the consolidated fiscal year, the global economy remained highly uncertain, with geopolitical risks stemming from the prolonged conflict in Ukraine and escalating tensions in the Middle East, as well as persistently high inflation driven by monetary policies in various countries.」
The analysis continues to describe uncertainty in financial and economic conditions against a backdrop of high inflation and monetary policies in various countries. - FY2025-H1MitigatedAnnual report
「In Europe and the United States, inflation appeared to be nearing an end, and both the ECB and the FRB cut interest rates, moving toward a neutral interest rate environment.」
With inflation appearing to be nearing an end and the ECB and FRB implementing interest-rate cuts, the risk of a slower economic recovery due to monetary conditions was partially mitigated compared with the monetary tightening and rising interest rates that continued through the previous fiscal year. - FY2024RestatedAnnual report
「In Europe and the United States, monetary tightening caused by inflation continued, while the prolonged invasion of Ukraine drove up food and energy resource prices. The global economy remained generally weak…」
The analysis continues to recognise the weakness of the global economy resulting from monetary tightening in Europe and the United States, higher resource prices and the prolonged situation in Ukraine. - FY2024-Q2RestatedAnnual report
「During the cumulative consolidated period for the second quarter, the global economy remained generally weak owing to the impact of monetary tightening in Europe and the United States and the prolonged invasion of Ukraine, which drove up food and resource prices, as well as the delayed recovery in China after the lifting of its zero-COVID policy due to export controls targeting China and the emergence of non-performing loan problems.」
Monetary tightening in Europe and the United States, higher food and resource prices associated with the prolonged invasion of Ukraine, and China’s delayed recovery continue to be identified as factors weakening the global economy. - FY2024-Q1WorsenedAnnual report
「The global economy remained generally weak and exposed to downside growth risks, owing in part to expanding financial instability in the United States caused by persistently high resource prices amid the prolonged situation in Ukraine and prolonged monetary tightening aimed at containing inflation,」
The analysis explains that prolonged monetary tightening expanded financial instability in the United States and increased downside risks to global economic growth. - FY2023RestatedAnnual report
「The pace of economic recovery slowed owing to soaring food and energy prices resulting from the prolonged conflict in Ukraine, accelerating inflation in the United States and Europe, and rising interest rates caused by monetary tightening.」
The analysis continues to describe the slower pace of economic recovery resulting from the conflict in Ukraine, soaring energy prices, inflation and monetary tightening. - FY2023-Q3RestatedAnnual report
「The energy shock stemming from the prolonged conflict in Ukraine intensified inflationary pressure, while monetary tightening in the major economies of the United States and Europe slowed the pace of the recovery.」
The analysis continues to describe inflationary pressure originating from the conflict in Ukraine and the slower pace of economic recovery caused by monetary tightening in the major economies of the United States and Europe. - FY2023-Q2WorsenedAnnual report
「During the cumulative consolidated period for the second quarter, the global economy was affected by the prolonged conflict in Ukraine, which kept food and energy prices rising. Central banks in the United States, Europe and emerging Asian economies further tightened monetary policy toward the summer to curb inflation. In addition, global share prices fell toward the end of September amid concerns that a sharp rise in interest rates would lead to an economic recession.」
In addition to inflation caused by the conflict in Ukraine, central banks in various countries further strengthened their monetary tightening stance, and global share prices fell amid concerns over a sharp rise in interest rates. The risk of a slower economic recovery due to financial conditions has increased. - FY2023-Q1First statedAnnual report
「In addition, higher interest rates resulting from monetary tightening in the United States and other countries slowed the pace of the global economic recovery.」
The analysis identified changes in financial conditions as a standalone risk for the first time, citing monetary tightening and rising interest rates in various countries as factors that slowed the pace of the global economic recovery.