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Japan’s belated recovery remains fragile and prone to setbacks. Consumption is clawing back lost ground, supported by pandemic-era savings and the rollback of restrictions, while the return of international tourists is lifting services exports and retail sales. But the global economy is on the brink of recession, and this is weighing on goods exports and production. Recent financial market disruptions are added risks. These challenges only complicate the monetary policy path for the Bank of Japan as it contends with high inflation and bond market jitters.
Join Moody’s Analytics Senior Economist Dr Stefan Angrick as he discusses how the Japanese economy will navigate these challenges.
TOPICS:
- Headwinds and tailwinds for Japan’s belated recovery.
- Potential for a monetary policy pivot under the BoJ’s new leadership.
- Outlook for wage growth beyond 2023’s strong shunto result.
- Implications from recent financial market disruptions.
- Opportunities from China’s reopening.
*This webinar will be conducted in Japanese and simultaneous interpretation will be available in English.
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SpeakersStefan Angrick Senior Economist Moody's Analytics
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Stefan Angrick is an associate director and senior economist at Moody's Analytics in Tokyo. He holds a master's degree from Leipzig University and a PhD from the National Graduate Institute for Policy Studies in Tokyo. He has previously held positions with Oxford Economics, the Asian Development Bank Institute, the Bank of Finland, and Keio University.