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Tokyo must now decide whether the economy has finally turned a corner and entered a period of healthy wage and price growth that will last.
The size of the rate hike attests to the CBR’s determination to tame domestic price rises at all costs, even though this is likely to restrict credit growth and dampen output. The…
Details
DOI: 10.1108/OXAN-DB281638
ISSN: 2633-304X
Keywords
Geographic
Topical
The figures also indicate that the imbalances created by pandemic-related injections of liquidity in 2000 and 2021 have largely been corrected.
Details
DOI: 10.1108/OXAN-DB286625
ISSN: 2633-304X
Keywords
Geographic
Topical
Yen weakness in the face of persistently strong US interest rates argues for further monetary tightening but that is countered by wage- and price-growth in Japan remaining below…
Lower household consumption, residential investment and companies’ capital investment all contributed to the 2.9% (annualised) contraction. Although inflation is decelerating…