Most commentators have been quick to dismiss the significance of today’s increase in Japanese interest rates, taking their cue from the apparently dovish statement accompanying the announcement. However, we think this interpretation is too simplistic and leaves the markets dangerously complacent about the upside risks to rates.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services