Weekend Edition: Japan’s Inflation Revolution
Friday 26th July 2024Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaimer here.Things are changing in Japan. After decades of not much happening, suddenly everything is happening. Core inflation is up to 2.6%, the Yen is the weakest in a long time, the stock market has hit highs not seen since the eighties, and the BoJ has moved interest rates into positive territory. It all points to a win for Japan according to Harry Ishihara, a macro strategist contractor for Macrobond and Japan Exchange Group. Suddenly…
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