The 40-year cycle theory says that Japan's national power will hit a low point in 2025. To avoid this, Japan needs prudent and well-balanced monetary policies.
With predictions of rising inflation, trade unions say workers deserve a 5% pay rise. Meanwhile, BOJ reviews monetary policy against the threat of recession.
Long-term interest rates and the value of the yen spiked in response to the abrupt policy shift by the Bank of Japan. Meanwhile, stock prices plummeted.
"Market mechanisms are always followed by tears and laughter," says Sojitz Research Institute Chief Economist Tatsuhiko Yoshizaki on the weak yen.
To counter the yen’s depreciation, the Kishida government must provide financial help to households and businesses, and request firms to raise wages.
The strong US dollar is weighing on the global economy, including developing economies whose currencies are declining and foreign debt burden increasing.
Prime Minister Shinzo Abe on Thursday, February 27, called for a temporary closure of all public schools in Japan to prevent the spread of the novel...
Monetary policies will have to be considered as the spread of the novel coronavirus presents “the biggest uncertainty for Japan’s economy,” Bank of Japan (BoJ)...
Since the COVID-19 outbreak was declared a global health emergency by the World Health Organization, the International Olympic Committee has been faced with the arduous task...
