Japan: Recalibrating Policy Mix to Tackle Post-Pandemic Challenges and Contain High Inflation
The Japanese economy is projected to grow by 1.9 percent in 2023 and 1.1 percent in 2024.
The Japanese economy is projected to grow by 1.9 percent in 2023 and 1.1 percent in 2024.
Inflation has made a comeback in Japan, with the CPI surging as high as 4.3% this year, a level unseen for three decades. What should the BOJ do to strike a balance between stimulating economic growth and ensuring price stability?
In March 2020, Japanese banks experienced stress in their U.S. dollar funding due to a liquidity crunch in the U.S. dollar funding market.
With global inflation at levels not seen since the 1970s, wage developments have taken on greater significance.
In accordance with the Paris Agreement, the Japanese government pledged to cut greenhouse gas (GHG) emissions by 46% by 2030 and achieve carbon neutrality by 2050.
Watch the highlights of AMRO’s 2022 Annual Consultation Report on Japan. The Japanese economy is forecast to grow by 1.2% in 2023 after a moderate 1.1% recovery in 2022. Private…
The Japanese economy continued to recover at a moderate pace in 2022, as the COVID-19 pandemic has shifted gradually to an endemic phase.
The Japanese economy is expected to grow at 1.2 percent in 2023 above its potential growth rate after a moderate 1.1 percent recovery in 2022.
Supported by pent-up domestic demand, the Japanese economy is expected to grow at a moderate pace in 2022.
During a visit in early November, AMRO staff met with market participants in Tokyo to seek their views on recent developments in Japan’s financial markets and risks to the outlook.