Economics
Japan combines the highest public debt ratio among advanced economies with a fiscal framework that has struggled to anchor fiscal policy. As monetary policy normalizes and interest rates rise, concerns about debt sustainability have intensified. In a recent Bruegel Working Paper, the authors assess Japan’s debt dynamics using stochastic
Economics
The Bank of Japan’s (BOJ) March Monetary Policy Meeting (MPM) took place against a backdrop of heightened market volatility, and the proceedings underscored the increasing tension between the "look-through" approach to temporary price shocks and the mounting fear of being caught behind the curve as external geopolitical
central bank
In December 2025, the Bank of Japan (BOJ) submitted its semi-annual "Report on Currency and Monetary Control" to the Diet, covering the developments in the first half of fiscal year 2025 (April through September). The report offers a comprehensive detailed account of the Japanese economy’s performance, financial
bank of japan
Bank of Japan (BOJ) Deputy Governor Himeno provided insights into Japan's economic outlook, monetary policy, and regional economic conditions during a press conference and a speech in eastern Hokkaido on September 2, 2025. Given the next Monetary Policy Meeting taking place on September 18 & 19, 2025, we
monetary policy
We always like to listen to the Bank of Japan's press conference after the Monetary Policy Meeting, not so much for the prepared statements, which can be read independently, but for the Q&A session. So here is what we have learned. I. Governor's Prepared