Japan’s Inflation Target: Achievable by 2024? A Closer Look at Mr. JGB’s Perspective
Mr JGB: Bank of Japan Could Achieve Inflation Target Through Labor Shortage Background Michio Saito, also known as Mr JGB, believes that the Bank of Japan may hit its stable inflation target this year, but not in the traditional way. Instead of strong demand driving up wages and prices, Saito suggests that the chronic labor…