Report Cover
Headline
It is well known that Prime Minister Shinzo Abe, who keeps a stock monitor in his offices, see rising stock prices as critical to voter confidence in Abenomics and hence his own approval ratings.
Abstract
In the face of growing loss of faith in the Bank of Japan’s ability to either achieve its 2% inflation target in the foreseeable future or to help boost real growth, Kuroda doubled down his strategy of lots of confident talk and even more money-creation.