USA, Lost the plot ?

[manic01]

Japan's price trend gauge hits record, heightens case for BOJ exit.

 

[Wellyfish]

Japan's price trend gauge hits record, heightens case for BOJ exit.

Yes, very interesting. I must have read hundreds of these pleas. It's no more than a begging letter from the benefit scroungers otherwise known as bond buyers.

Who "heightens the case"?

There seems to be various versions of the article out there but the main takeaway is below:

"While core consumer inflation has exceeded its target for more than a year, the BOJ has pledged to keep super-low interest rates until its 2% inflation target can be achieved on a sustained manner, backed by solid consumption and wage increases."

We'll see what they do on 18-19 December. I know where I'd put my money. They don't call the BoJ "the widowmaker" for nothing.

 

[Drox]

To add some flavour, BoJ has negative interest rates - raising rates for them means going to zero 🤣

 

[manic01]

Why Negative Interest Rates Are Still Not Working in Japan

 

[Wellyfish]

To add some flavour, BoJ has negative interest rates - raising rates for them means going to zero 🤣

Yeah, they've been negative since 2016 and around zero for the 16 years previous to that.

They won't be raising them any time soon.

 

[Wellyfish]

Why Negative Interest Rates Are Still Not Working in Japan

🤣

Lol. Investopedia.

I've no intention of playing "article tennis". If you want to discuss then let's discuss.

However, that one is an absolute belter from the very first paragraph and it just gets funnier and funnier.

 

[Drox]

Not even one mention of deflation in that 🤣🤣🤣