Japan Outlook: One Step Forward, Two Steps Back
Japan’s economy is stuck between a bleak trade outlook and fragile domestic demand. Tariffs and tariff threats are battering exports and industrial production, just as manufacturers lose ground to foreign competitors. The country can’t bank on consumers and businesses to save the day. Inflation is outpacing wage growth, leaving consumption spending to languish. And businesses can’t get investment plans off the ground. Between political gridlock at home and an uncertain global picture, what can Japan's economy expect in the year ahead?
Join Stefan Angrick and Brendan La Cerda as they discuss the headwinds facing Japan's economy--at home and abroad.
Topics:
- What to expect for growth and inflation in 2025 and 2026
- How the recent U.S.-Japan trade deal affects exports and industries within Japan
- What elections in Japan mean for economic policy
- The outlook for the yen, wage growth, and monetary policy
- The global and regional economic backdrop
-
SpeakersStefan Angrick Head of Japan and Frontier Market Economics Moody's Analytics
Brendan La Cerda Director, Economic Research (North America) Moody's Analytics
Confirm cancellation
Something went wrong.
An error occurred trying to play the stream. Please reload the page and try again.
CloseMoody's Events
close
Stefan Angrick is the Head of Japan and Frontier Market Economics at Moody's 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.
Brendan LaCerda is a director and senior economist with Moody’s. Brendan serves as the lead analyst for the Canadian economic forecast. His primary responsibilities also include the development and improvement of country forecast models. His research is primarily focused on international macroeconomics, healthcare and fiscal policy. Before joining Moody’s Analytics, Brendan worked as a senior economist with IHS Global Insight’s U.S. Macroeconomic Service. Brendan received his PhD in economics from the University of Virginia. He pursued his undergraduate education at the London School of Economics and the University of Notre Dame, where he graduated with a BA in economics and mathematics.