#bojraisesratesto31yearhigh The Bank of Japan raised its policy rate to 1.25%. That’s a 31-year high
.
What all but a few monetary economists fail
to
realize is that monetary conditions in Japan are already super tight. The money supply (M2) is growing at an anemic 2.0%/yr.
BOJ = WRONG-FOOTED.$BOME $ZEN $CKB
.
What all but a few monetary economists fail
to
realize is that monetary conditions in Japan are already super tight. The money supply (M2) is growing at an anemic 2.0%/yr.
BOJ = WRONG-FOOTED.$BOME $ZEN $CKB
