【#1322】Time Has Come for Japan to Seriously Consider Nuclear Deterrence Strategy
Kunio Orita ー
The U.S. National Security Strategy, released on December 4, emphasizes the “America First” principle that gives top priority to U.S. interests. It tarnishes the image of the United States as the leader of the free world and strongly reflects President Donald Trump’s habit of criticizing U.S. allies for their free ride on U.S.
【#1321】Questionable Advisability of BOJ’s Biased Approach to Rate Hikes
Hideo Tamura ー
The Bank of Japan led by Governor Kazuo Ueda is likely to raise the policy interest rate, or the benchmark for short-term interest rates, by 0.25 percentage points to 0.75% at its monetary policy meeting late next week. The purpose is to stop the yen’s depreciation. However, this is inexplicable. The impact of interest rate