bank of japan - rates

IS IT A RISK OR AN OPPORTUNITY TO RAISE RATES IN APRIL

The Man On The Telly - BBC Singapore Asia Business Report 19th February, 2024

• According to Q4 2023 estimated data, Japan is technically in recession. The first GDP estimates can be very unreliable, January and February will look worse. What happens in March and April matters.
• The fact that Japan’s economy is now smaller than Germany in USD terms is irrelevant; neither Japan nor Germany are dollar based. What does matter is restoring local optimism. 
• We should be partying like it’s 1989, but it’s a push-pull dance at the BoJ while Japan tries to remember the Moonwalk. A rate rise now may jog memories.

To read this article in full, click HERE a formatted PDF sample of this article is available, please ask.

Links to articles:
CNN Business – “Despite a recession, Japan’s stocks are partying like it’s 1989”
BBC – “Japan unexpectedly slips into a recession”

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