We use cookies to track usage and preferences. See Cookie Policy
Pocketmags Digital Magazines
CA
Pocketmags Digital Magazines
Christmas Presents
   You are currently viewing the Canada version of the site.
Would you like to switch to your local site?
Digital Subscriptions > The Hedge Fund Journal > Issue 117 - October 2016 > The Wrong Diagnosis For Japan

The Wrong Diagnosis For Japan

How the Bank of Japan is administering the wrong cure

Central bankers find themselves today in an unenviable position. They have succeeded in bringing real interest rates down to historical lows, but struggled to spur demand for loans. They have been hung out to dry by fiscal policymakers, who lack either the political will or capital to engage in expansionary policy. And the negative unintended (or accepted) consequences of their policies are rising and helping to fuel a populist backlash in much of the developed world.

It was against this backdrop that the Bank of Japan (BoJ) altered its stimulus programme in September, after concluding a ‘comprehensive assessment’ of its monetary easing. But instead of charting a new path for major central banks to follow, the BoJ largely misdiagnosed the reasons for Japan’s weak inflationary pressures and failed to administer – or recommend – the correct policy response.

READ MORE
Purchase options below
Find the complete article and many more in this issue of The Hedge Fund Journal - Issue 117 - October 2016
If you own the issue, Login to read the full article now.
Single Issue - Issue 117 - October 2016
$159.99
Or 15999 points
6 Month Digital Subscription
Only $ 170.00 per issue
$849.99
Or 84999 points

View Issues

About The Hedge Fund Journal

INFORMING THE HEDGE FUND COMMUNITY With access to some of the industry’s biggest names and an astute and talented group of writers and contributors, The Hedge Fund Journal has established itself as a trusted source of information on the hedge fund industry.
Ways to Pay Pocketmags Payment Types
At Pocketmags you get Secure Billing Great Offers HTML Reader Gifting options Loyalty Points