Report
TOE Alert: Cabinet Office Admits BOJ won't Make 2% Inflation Goal in FY 2015
posted by Richard Katz on January 14, 2015
Found in Japan, categorized in Monetary Policy
Report Cover
Headline
BOJ pulling out all the stops, sending interest rates to the floor—and below—with slightly negative rates on JGBs ranging from 1 to 4 years in maturity.
Abstract
The Bank of Japan (BOJ) is pulling out all the stops in order to make good on its promise of achieving 2% inflation toward the latter half of fiscal 2015 (which ends April 2016).
About Richard Katz
Richard Katz is Senior Fellow at the Carnegie Council for Ethics In International Affairs, the New York correspondent for Weekly Toyo Keizai, a leading Japanese business magazine, and formerly the editor of The Oriental Economist Report, a monthly newsletter on Japan.
Mr. Katz has taught about Japan’s economy as an Adjunct Associate Professor at the New York University Stern School of Business, and as a Visiting Lecturer in Economics at the State University of New York (SUNY) at Stony Brook.
Mr. Katz is the author of two books on Japan's economic travails and has just finished a third book on reviving entrepreeurship in Japan.
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