Today's BoJ policy meeting, as anticipated, maintained the monetary policy status quo. While higher energy and commodity prices are expected to raise...
Shigeto Nagai
Recent Posts
Japan | Impact of falling terms of trade on growth and deflation
Posted by Shigeto Nagai on Feb 28, 2022
Japan | BoJ dismisses growing concerns over weaker yen
Posted by Shigeto Nagai on Jan 18, 2022
The Bank of Japan (BoJ) left monetary policy unchanged at today’s meeting, maintaining current short- and long-term interest rates. Commodity price...
Japan | Japan’s FDI strategy is to diversify away from China
Posted by Shigeto Nagai on Dec 10, 2021
Japan’s foreign direct investment (FDI) position nearly tripled over the past decade, even as domestic investment stagnated. Currently, 40% of FDI...
Japan | Kishida chases two elusive ends: growth and redistribution
Posted by Shigeto Nagai on Oct 20, 2021
The pandemic and a fragile political base will provide little room for new PM Fumio Kishida to make drastic changes to economic policy. Our view is...
Japan | Inflation tanked, but new premier won't alter BOJ course
Posted by Shigeto Nagai on Sep 22, 2021
The Bank of Japan left monetary policy unchanged at today’s meeting, maintaining short-term and long-term interest rates at current levels. Regarding...
Japan | Why Abenomics failed to reflate household wealth
Posted by Shigeto Nagai on Sep 16, 2021
The latest survey of Japan’s households shows the stark failure of Abenomics to boost household wealth through asset price growth. As the ruling...
Japan | Growing debt overhang adds to zombie threat
Posted by Shigeto Nagai on Aug 16, 2021
Business failures in Japan have been stemmed thanks to massive government and bank liquidity support. However, there’s mounting concern regarding...
Japan | BoJ introduces new scheme to address climate change
Posted by Shigeto Nagai on Jun 22, 2021
Beyond leaving monetary policy settings unchanged at meeting on 18th June, the Bank of Japan also extended the deadline of its funding-for-lending...