Matsuoka-San is the Chief Economist of SBI Securities in Japan. Before that, he was the Chief Economist for Japan at Deutsche Bank. Overall, he has been involved in macroeconomic analysis at research institutions and financial institutions for the past 30 years. He is known to be one of the leading Japan economists with unique insights on structural issues. Over the years, he has been highly ranked in numerous surveys, including the Institutional Investor survey. In this podcast, we discuss: The &quot;Inconvenient Mix&quot; of Inflation Japan&#x27;s Real Neutral Interest Rate The Case for Nominal GDP Targeting Consumption Tax: Regressive Relief? Wage Growth Divergence The Working Hours Trap Fiscal Dominance and Vulnerability The Enigma of Yen Weakness Work-from-Home and Birth Rates Erosion of the US Dollar&#x27;s Premium The AI/Semiconductor &quot;Vertical Jump&quot; US vs. Japan: Labour Participation Trends

Ep. 366: Mikihiro Matsuoka on Japan's Inflation, BOJ Policy Shifts, and the Weak Yen Challenge

Macro Hive Conversations With Bilal Hafeez

Welcome to the Macro Hive Conversations podcast. I'm Bilal Hafeez, Head of Strategy at Macro Hive. Before we dive in, a quick update. Following Macro Hive's acquisition by the BGC Group, BGC has launched a new regulated business called Macro Hive Markets. For the first time, onboarded clients can also access execution services via Macro Hive Markets. This new workflow will allow macro institutional investors to benefit from strategy and quant insights alongside access

to global liquidity. Please contact Andrew Simon or Guillermo Cibrián on Bloomberg or click the link in the description below for more details on Macro Hive Markets and its service offering. Now, onto this episode's guest, Mikihiro Matsuoka. Mikihiro Matsuoka is the Chief Economist of SBI Securities in Japan. Before that, he was the Chief Economist for Japan at Deutsche Bank, and overall he has been involved in macroeconomic analysis at research institutions and financial institutions for

the past 30 years or so. He is known to be one of the leading Japan economists with unique insights on structural issues, and over the years he has been highly ranked in numerous surveys, including the Institutional Investor Survey. Now onto our conversation. Greetings and welcome Matsuoka-san. It's fantastic to have you back on the podcast show. It's been a few years now. Hi, thank you for calling me back. I'm very grateful. Great. You know, Japan has so many interesting macro topics at the

moment. You know, one of the bigger ones, I suppose, is inflation. It does appear that Japanese inflation has finally broken its deflation trap that it had, and inflation is, you know, seems to be moving above 2% in a stable fashion. But there are lots of one-off factors here and there.

Ep. 366: Mikihiro Matsuoka on Japan's Inflation, BOJ Policy Shifts, and the Weak Yen Challenge

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Ep. 366: Mikihiro Matsuoka on Japan's Inflation, BOJ Policy Shifts, and the Weak Yen Challenge

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.