Sayuri Shirai

Sayuri Shirai, an economics professor and former BOJ policymaker, discusses the yen's weakness, attributing it to real interest differentials and BOJ caution. She warns that intervention could be necessary if the yen continues to decline. Meanwhile, Peter Gardett, CEO of Noreva, highlights the growing energy demands of data centers and the challenges of ensuring adequate power supply. He also addresses the bottlenecks in energy infrastructure and the need for innovative solutions to meet future energy needs.

In this discussion, Sayuri Shirai, a Professor of Economics at Keio University, shares insights on Japan's economic challenges, including inflation and consumer behavior. Garfield Reynolds, Bloomberg's Chief Rates Correspondent for Asia, highlights the resilience of Japanese banks in a changing global economy. Jon Lieber from Eurasia Group delves into US-China relations and how the upcoming elections may reshape tariffs and trade dynamics. The trio also examines the implications of unexpected US job claims and GDP forecasts on global markets.