Tag "Bank of Japan"
Abenomics has a silver lining
Japanese GDP took another tumble in the second quarter, but Abenomics has not been for naught. Although Japanese GDP actually fell by less than analyst expectations in the second quarter,
Book Review: Currency Wars
In his 2011 book Currency Wars: The Making of the Next Global Crisis, James Rickards explains that we are in the third reincarnation of currency wars. He highlights the fact that
Central banks rely on forward guidance
As interest rates remain low among developed economies, shaping expectations through communication is proving to be an effective monetary tool. Communicating the taper At its last monetary policy meeting, the
One year in, is the honeymoon over for Abenomics?
Shinzo Abe celebrated his first year as Japanese Prime Minister in December, which also marked one year with Abenomics. For many, this will be a dismal anniversary, as the latest
TPP delayed as US auto makers push for currency clause
As the year’s end deadline for the Trans-Pacific Partnership (TPP) deal nears, US lawmakers press to include a provision on currency manipulation – in part to support US automakers. Including
Energy Prices Drive Inflation in Japan
Japan’s efforts to increase inflation are getting a boost from energy prices, yet overall inflation rates continue to be below government targets of 2%. Inflation up Japanese consumer prices increased