Mission Incomplete: Reflating Japan’s Economy

Categories: Macroeconomics, General Market Analysis

Country or region: Maldives, Mongolia, Nauru, Nepal, Palau, Papua New Guinea, Samoa, Solomon Islands, India, Indonesia, Malaysia, Myanmar, Pakistan, Philippines, Singapore, Sri Lanka, Thailand, Bhutan, Brunei Darussalam, Cook Islands, North Korea, Vanuatu, Tonga, Tuvalu, Bangladesh, Cambodia, China

Summary:
Mission incomplete! This phrase neatly captures the progress made by the Bank of Japan (BOJ) in reflating the economy. In April 2013, under its new governor, the BOJ launched an unprecedented quantitative and qualitative monetary easing policy. Haruhiko Kuroda was certain that the 2% price stability target would be achieved ......


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