Bank Of Japan: Fresh Arguments Against Further Tightening

The sigh of relief from the central bankers at the Bank of Japan was hard to ignore. The latest inflation figure from the Tokyo metropolitan area, a very relevant figure for the country's overall bill in October, was 1.8%, below the 2% purchasing power theft mark, which this central bank also follows. Although the rate rose by 2.1% compared to the previous month of September, Tokyo is desperately looking for reasons to bring the interest rate cycle, let's call this joke that, to a quick end. Japan's economy is not running smoothly, the interest burden of the completely over-indebted state would rise immeasurably with positive real interest rates - so everything is in the green, the fiat party continues, the raid on the wallets of the middle class can pick up speed again, as elsewhere.

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