The Bank of Japan, led by Governor Haruhiko Kuroda, has been unable to reach its inflation target of 2 per cent for years. Photo: Reuters
David Brown
Opinion

Opinion

Macroscope by David Brown

China, Europe, Japan and the US should coordinate policy to reboot global growth, and inflation

  • The fear of hyperinflation after the global financial crisis proved to be overblown. Today, there’s the opposite problem: sluggish inflation means advanced economies risk the ‘Japan syndrome’

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The Bank of Japan, led by Governor Haruhiko Kuroda, has been unable to reach its inflation target of 2 per cent for years. Photo: Reuters
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