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BOJ trims COVID-19 funding support; maintains easing policy

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More proof that "Japan is different." Weaker yen is a drag. But we can be happy that Japan's inflation is low and stable, unlike elsewhere where wages ain't keeping up.

-1 ( +0 / -1 )

At the moment, what matters is sending straight cash to the populace.

That will help the most.

2 ( +2 / -0 )

@JeffLee

More proof that "Japan is different." Weaker yen is a drag. But we can be happy that Japan's inflation is low and stable, unlike elsewhere where wages ain't keeping up.

Japan likes to hide its dirty laundry.

Masayuki Iwasa, whose website, www.neage.jp (price increases), documents surreptitious price hikes. Today he tracks prices of some 400 goods and services - everything from washing powder to day passes at Tokyo Disneyland. The bulk of his website is devoted to so-called "shrinkflation," when a product gets smaller but the price stays the same.

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