$OSE Nikkei 225 Futures(DEC4) (NK225main.JP)$ If the Bank of...
$OSE Nikkei 225 Futures(DEC4) (NK225main.JP)$ If the Bank of Japan had not hesitated to raise interest rates at the September meeting, it should have been able to avoid the double blow of a weak yen and a stock market slump.
Before the elections and such, it feels like a deeper issue of the past decade's economic policy repercussions has finally surfaced, right? The recent OECD announcement of real economic growth rates, Japan's -0.1, is no joke.
The silver lining in this unfortunate situation is that we did not end up with a prime minister saying, 'I don't care about economic growth rates! Let's further promote monetary easing 😛'.
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えいきちちゃん : Are you
OECDannounced real economic growth rate, japan-0.1
Should interest rates be raised in this situation?
loveMy えいきちちゃん : For the sake of the country, it should be added, but the government serves the capital of financial conglomerates.
なかとみのかたまり OP : If Japan does not raise interest rates, the Japanese economy itself will be in a helpless situation, so it seems to be a choice of whether to do it now even if it hurts or to do it later in a worse situation. Originally, Abenomics itself had planned to raise interest rates (stop monetary easing) in 2015-2016 due to the risks of prolonged monetary easing, but the current situation is that it is already nearly 10 years behind schedule from the plan.