it seems a foregone conclusion that they are going to go back to 0.00%, but recent inflation readings have not been so dramatic that we should expect much more. I have a funny feeling that any Japanese tightening is going to be reallllllly slow
Japanese corporates just dont want to raise pay - and the government doesn't want to raise salaries either. And until workers engineer a political response , inflation will stay low.... everything else is a consequence of that political setup.
it seems a foregone conclusion that they are going to go back to 0.00%, but recent inflation readings have not been so dramatic that we should expect much more. I have a funny feeling that any Japanese tightening is going to be reallllllly slow
It's going to be at a glacial pace...
Japanese corporates just dont want to raise pay - and the government doesn't want to raise salaries either. And until workers engineer a political response , inflation will stay low.... everything else is a consequence of that political setup.