#22 - Either you do Japan, or Japan will do you! - Guest: Weston Nakamura
Macro Mondays
Challenges of Normalizing Monetary Policy in Japan
This chapter discusses the challenges faced by the Bank of Japan in normalizing monetary policy, including political implications and unique economic circumstances. It explores the potential impact on wages and bank earnings, as well as adjustments in the front end of banks. The chapter also examines the influence of the Bank of Japan on other central bank policies and their role in triggering a sell-off in US treasuries.
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