13 - Joseph Gagnon on Quantitative Easing in the United States and Abroad
Macro Musings with David Beckworth
00:00
Getting a Political by in for Inflation in Japan
Wellcenzo abe ran on a platform of raising inflation. He specifically said, we want a two % inflation. When he comes in, they go way up. The effects seem to be smaller in japan because e'f a bigger bonmarket,. So you'd have to do more a. Anyway, they got a big response, but they didn't quite get to their two%. And it seemed to be levelling off late last year, and the market came to expect they've got to do one more push - negative interest rates. But it was a tiny move. They thought it would matter a lot. I don't know why there they need to move into kue
Transcript
Play full episode
