Macro Hive Conversations With Bilal Hafeez cover image

Mikihiro Matsuoka on Bank of Japan policy, Japanisation of Economies, and the Demise of Capitalism

Macro Hive Conversations With Bilal Hafeez

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Why Is Japan's Inflation So Low?

Inflation in Japan is at 2.5%, compared to Europe's 6, 7, 8 and 9%. So why isn't japanese inflation closer to 5%? We try to explain that by the foreign chat on page 60 of this article. One big difference is from the delayed reopening effects where japan's contribution as a green segment is very moderate - especially compared with that from the us.

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