Fuelled by optimism over the new government’s policy initiatives and the weaker yen, Japan’s equity markets have enjoyed their longest winning streak in more than fifty years...
So, after weeks of pressure from new Prime Minister Abe, the BoJ today gave him what he wanted: a new 2% inflation target, double the previous ‘1% goal’. This, it pledged to achieve ‘at the earliest possible time’...
With Abe’s new government having recently announced a bumper boost of ¥10.3trn (more than 2% of GDP) to central government spending over coming quarters, attention in Japan is now firmly on the BoJ, whose Policy Board...
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