The policy changes the bank made were not exactly what the market was expecting.
The Bank of Japan is finally admitting the large costs associated with its current policy framework.
Avoiding mismatches has become more challenging as the global investment landscape has undergone dramatic secular change
Japan needs to escape deflation given the nation’s fiscal situation. But an increasingly important question is, What is a feasible and desirable inflation target, both economically and politically?
A boom in foreign tourism has the potential to boost the supply side of Japan’s economy, which has been stunted by years of deflation and anemic growth.