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BOJ could re-write the playbook on defeating deflation

What economists don’t like to tell you is that price inflation doesn’t really matter. Prices can only go up for so long until people can’t afford the good.
What matters is wage inflation, which can spiral out of control. Here’s the corollary, what if you’re stuck in a nearly 20-year deflationary cycle? Why not go right to the heart of the matter and target wage increases? That’s…
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mag 20 Oct

You raise a fascinating question.

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geula4x 22 Oct

+1 Liked: BOJ influence on JPY is always interesting to observe! happy trading and good luck :-)

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Economic events from Japan today

No data releases on the schedule until much later in the day, but the Bank of Japan minutes from their September 4-5 policy meeting (at which there was no change in policy) are released today at 2350GMT.
From 0100GMT BOJ deputy governor Nakaso is speaking at a meeting of business leaders. A press conference follows later at 0430GMT
0400GMT – meeting between Japan’s ministry of finance and experts from the private sector to discuss management of the Japan’s debts (These meetings were regular betw…
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mag 9 Oct

Thanks Anna

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EURopean morning wrap: Sterling given another slap

Forex trading headlines from the European morning session 4 October
• BOJ’s Kuroda says current monetary policy sufficient for targets. More from the presser here
• EZ PPI august m/m +0.1% vs 0.0% exp +0.2% prev revised down from +0.3%
• German PPI august y/y -0.5% vs -0.1% exp 0.0% prev revised down from +0.5%
• Bank of Spain’s Linde says bad loads will continue rising in the short term
• Portugal’s PM Coelho says govt committed to avoiding second bailout
• ECB’s Costa says sustainable public …
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