The Bank of Japan raised its interest rate target for the second time in 2024, confident that wage hikes and tax cuts will help consumer spending...
In this new "world with interest rates," the BOJ must carefully time its reductions and manage its policy to avoid causing turmoil in the markets.
The Bank of Japan has ended its negative interest rates in an extensive policy overhaul. Recent wage hikes appear to have been central to the Bank's...
Factors such as disaster resilience, wage hikes, growth investing, and a cautious exit from monetary easing are essential to reboot the Japanese economy.
"Market mechanisms are always followed by tears and laughter," says Sojitz Research Institute Chief Economist Tatsuhiko Yoshizaki on the weak yen.
