Japan Institute for National Fundamentals

2024.03.18 (Mon)

【#1129】BOJ Should Demonstrate Determination to Prevent Deflation from Recurring

March 18, 2024 　 The Bank of Japan seems highly inclined to end its negative interest rate policy at its monetary policy meeting on March 18 and 19. As the average wage increase through spring labor...

2024.03.13 (Wed)

【#1127】Be Alert to China’s Overseas Expansion Spurred by Economic Decline

March 11, 2024 　 At China’s National People’s Congress (a pseudo-parliament led by the Communist Party) that ended on March 11, the Xi Jinping government couldn’t present any effective policy to dea...

2024.01.24 (Wed)

【#1110】Detect Falsified GDP Data and Disengage from China

January 22, 2024 　 Chinese government under President Xi Jinping has announced that China achieved its real economic growth target of 5% for 2023 as China’s gross domestic product in the year increa...

2023.11.08 (Wed)

【#1089】Ueda-led BOJ Should Not Be Deluded by Market

November 6, 2023 　 The Bank of Japan (BOJ) under Governor Kazuo Ueda is losing ground to market speculators, mainly foreign investors. If the central bank continues to follow the market, the yen’s r...

2023.10.12 (Thu)

【#1077】Kishida Should Exert Leadership in Cutting Consumption Tax

October 10, 2023 　 A parliamentary group advocating aggressive fiscal policy, which comprises young lawmakers of the ruling Liberal Democratic Party, will soon propose a temporary consumption tax cu...

2023.08.23 (Wed)

【#1064】Chinese Financial Crisis Could Be as Disastrous as 2008 Global Crisis

August 21, 2023 　 China's financial sector is shaking as a major nonbank trust company has become insolvent. The Xi Jinping government has no means to prevent the crisis from escalating. In the wors...

2023.08.01 (Tue)

【#1060】Is BOJ Encouraging Speculative Trading in Government Bonds?

July 31, 2023 　 The Bank of Japan (BOJ) effectively raised the upper limit of its long-term interest rate to 1% at its monetary policy meeting on July 28th. Governor Kazuo Ueda, who took office in A...

2023.06.29 (Thu)

【#1051】U.S. Should Not Rush to Appease China Sinking under Deflationary Pressure

June 26, 2023 　 The Chinese economy has come under unprecedented deflationary pressure. This is because demand does not recover due to the bursting of the real estate bubble. Nevertheless, the Xi Ji...

2023.02.16 (Thu)

【#1013】Success of Ueda’s BOJ to Depend on Fiscal Policy

February 13, 2023 　 Prime Minister Fumio Kishida has proposed to the National Diet the appointment of economist Kazuo Ueda as new Bank of Japan governor to succeed Haruhiko Kuroda. The government an...

2022.12.27 (Tue)

【#997】Do Not Dampen Wage Hike Momentum

December 26, 2022 　 The Bank of Japan on December 20 decided to expand the allowable fluctuation range from 25 basis points to 50 basis points for the benchmark 10-year government bond yield. The de...