According to the business fixed investment plans in the December 2020 Tankan (Short-Term Economic Survey of Enterprises in Japan) released by the Bank, the year-on-year rate of change in business fixed investment for fiscal 2020 is minus 2.4 percent.
It has ensured a steady increase in real incomes for wage earners and pensioners alike and facilitated Danish business enterprises' long-term planning. As we all know, it is impossible to have your cake and eat it. Consequently, under the fixed-exchangerate policy Danmarks Nationalbank's lending-rate decisions cannot take any account of homeowners' interest expenses, or housing prices for that matter, or the overall economic situation.