CNBC: Japan Outlook, Short, Mid and Long-Term

Founder and CEO, Europacifica Consulting

Naomi Fink

Founder and CEO

Europacifica Consulting

Macroeconomics

Summary: door wide open to taper The BOJ's new guidance appears to have been many words for an ambivalent goal. The most revealing aspect of its new policy has been the admission of severe constraints on its existing policy framework in achieving its 2% inflation target.  Not only has the central bank opened the way to tapering its bond purchases, but in allowing greater discretion for both its inflation target and bond purchases, has opened the door to a more severe tradeoff between inflation…

Summary: door wide open to taper The BOJ's new guidance appears to have been many words for an ambivalent goal. The most revealing aspect of its new policy has been the admission of severe constraints on its existing policy framework in achieving its 2% inflation target.  Not only has the central bank opened the way to tapering its bond purchases, but in allowing greater discretion for both its inflation target and bond purchases, has opened the door to a more severe tradeoff between inflation…

Listed Index Fund JPX-Nikkei Index 400 (1592 JP)

Japan

BOJ: From Commitment to Discretion