Japan Economist, Japan Macro Advisors

Takuji Okubo

Japan Economist

Concise and Insightful Analysis on Japan Economy

Japan Macro Advisors

Our mission is to provide a concise and timely analysis on the Japanese economy for the benefit of global audiences. Communication, especially in foreign languages, has always been a weakness for the Japanese, which was fine when Japan's economic might attracted foreign media and various other institutions to study and report on Japan - such days are long gone. In the last two decades, we saw foreign institutions reallocating their resources from Japan to other more exciting parts of the world. As a result, when we read reporting on Japan in foreign media, we sense a subtle but noticeable decline in the depth of understanding what is actually happening in Japan.

Macroeconomics

<p>BoJ Governor Kuroda is starting to resemble these government officials being hauled into the parliament to give explanations they themselves do not believe in and prove counter-factual. On April 27, the BoJ policy board concluded its first policy meeting in Kuroda's second term. BoJ kept its policy unchanged but made an important change to its policy outlook. Since 2013, the BoJ under Governor Kuroda kept an explicit mention of when it expects its 2% inflation target to be achieved. In the April…</p>

BoJ Governor Kuroda is starting to resemble these government officials being hauled into the parliament to give explanations they themselves do not believe in and prove counter-factual. On April 27, the BoJ policy board concluded its first policy meeting in Kuroda's second term. BoJ kept its policy unchanged but made an important change to its policy outlook. Since 2013, the BoJ under Governor Kuroda kept an explicit mention of when it expects its 2% inflation target to be achieved. In the April…

Governor Kuroda, Please Stop Lying