KoolkoalaSM
:
If you consider interest rate differences, the “whitewashed trade balance,” the Bank of Japan's reserve dollar depletion, US dollar purchases at NISA, etc., and the declining birthrate and aging population, I think it would be a dream and dream for the yen to appreciate. The Japanese yen has become such an unstable and vulnerable currency due to verbal intervention and atmosphere.
Yoshi_777
:
The price target of 2% has only been achieved because the depreciation of the yen has progressed, and once the appreciation of the yen becomes established, there will be no nominal wage increase due to the impact on prices and corporate performance, and will eventually return to the way it has been until now? I don't even know the pass of yen appreciation → price stability → consumption stimulation, but since demand-pull price increases are not guaranteed after that, can the Bank of Japan decide to go through with interest rate hikes?
ぴるさん
OP
:
Governor Ueda probably doesn't want to raise interest rates, does he? Looking at last month's press conference, it seems like they put off the statement, and above all else, I think it takes into account that the 2% price target is still a long way off.
I'm also against interest rate hikes, and Tennozan is at the end of the month
KoolkoalaSM : If you consider interest rate differences, the “whitewashed trade balance,” the Bank of Japan's reserve dollar depletion, US dollar purchases at NISA, etc., and the declining birthrate and aging population, I think it would be a dream and dream for the yen to appreciate. The Japanese yen has become such an unstable and vulnerable currency due to verbal intervention and atmosphere.
Yoshi_777 : The price target of 2% has only been achieved because the depreciation of the yen has progressed, and once the appreciation of the yen becomes established, there will be no nominal wage increase due to the impact on prices and corporate performance, and will eventually return to the way it has been until now?
I don't even know the pass of yen appreciation → price stability → consumption stimulation, but since demand-pull price increases are not guaranteed after that, can the Bank of Japan decide to go through with interest rate hikes?
ぴるさん OP : Governor Ueda probably doesn't want to raise interest rates, does he?
Looking at last month's press conference, it seems like they put off the statement, and above all else, I think it takes into account that the 2% price target is still a long way off.
I'm also against interest rate hikes, and Tennozan is at the end of the month
ぴるさん OP Yoshi_777 : I think exchange intervention is a painstaking measure in order not to raise interest rates.
(I hope so )
Yoshi_777 : Right.