My capstone column on Takaichi's first year in office. Japan's PM chafes at the suggestion Takaichinomics will worsen inflation but a sober assessment indicates exactly that, and worse. The best case scenario is that her policy ambitions remain unrealized. www.reuters.com/commentary/b...
reuters.com
Breakingviews - COMMENTARY: Japanese PM’s reflationist label is hard to shake
Sanae Takaichi dislikes the depiction of her year-old administration. But a $2 trln investment splurge and profligate budget are more apt to stoke inflation. Mooted tax cuts push up bond yields ...