The Bank of Japan faces a very different challenge from most of its global peers. While many central banks are debating when to begin easing policy, the BOJ is considering how quickly it should continue tightening.
The recent rise in global energy prices strengthens the case for another rate hike sooner rather than later. But the key focus remains the domestic economy, where inflationary pressures persist and the outcome of this year’s Shunto wage negotiations at major firms will be critical.
When can investors expect the next rate hike, how far could inflation rise and how far will the BOJ ultimately go in tightening policy?
Join our Japan and Markets economists at 08:00 GMT / 16:00 SGT on Thursday 19th March, following the Bank of Japan’s March meeting for a short online briefing on the outlook for Japanese monetary policy and its implications for financial markets.
In this 20-minute session, our economists will answer your questions and discuss:
- The domestic and global considerations influencing BOJ strategy
- What this year’s Shunto wage negotiations signal for Japan’s inflation outlook
- What this could all mean for JGBs, the yen and Japanese equities
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