Japan Economics

Japan Economics

Japan Economics Focus

7 December, 2017

Will the Bank of Japan follow the Fed and the ECB?

A long period of sustained economic growth has helped drive unemployment in Japan to its lowest level in nearly a quarter of a century. Nonetheless, inflation and wage growth are both barely positive and look set to remain subdued. The Bank of Japan is therefore likely to be the last major central bank in the developed world keeping policy ultra-loose, long after the Fed and ECB have started to tighten.

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