BOJ’s Kuroda gives a monetary policy speech in Davos

BOJ’s Captain Charisma, BOE’s Mark Carney, and the IMF’s Christine Lagarde on a panel in Davos

The Captain has started off by pretty much reading his latest mon pol statement. This one is going to be a throbber I can tell.

• New technologies are one factor behind a lack of inflation pick up
• Another is that it’s not been easy to change the deflationary mindset
• Medium to long-term inflation expectations are picking up
• We are finally close to the target

Carney up now.

• 80% of the recovery in G7 economies had been led by investment
• The probability has gone up that there will be an adjustment in asset prices
• We have not yet fully solved too big to fail

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Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

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