Robin Harding on Abenomics and the ‘Japanification’ of Monetary Policy

Robin Harding is the Tokyo Bureau chief for the Financial Times. Until 2015, he was based in Washington D.C., covering the U.S. Federal Reserve, the Treasury, and the IMF for the Financial Times. Robin Macro Musings to talk about the Japanese economy, Abenomics, and the evolution of monetary policy in advanced economies over the past decade. Specifically, Robin and David discuss what the Bank of Japan’s point inflation target has in common with the Fed’s average inflation target, how the Bank of Japan found itself on the frontlines of innovation in monetary policy, and what the legacy of Abenomics portends for the future of monetary policy.   Transcript for the episode can be found here.   Robin’s Twitter: @RobinBHarding Robin’s Financial Times profile: https://www.ft.com/robin-harding   Related Links:   *Six Abenomics Lessons for a World Struggling with ‘Japanification’* by Robin Harding https://www.ft.com/content/9f4b1656-95a2-41e0-9c86-70f5b063796d   *Abe’s Tenure Marked by Trade Successes and Thwarted Ambitions* by Robin Harding https://www.ft.com/content/125378c8-073c-41b6-9aef-42b985c24784   *Leave Public Debt Worries for Another Day* by Robin Harding https://www.ft.com/content/691cb9f4-b53d-4429-bba4-03ca623c0077   *Methods of Policy Accommodation at the Interest-Rate Lower Bound* by Michael Woodford https://www.kansascityfed.org/publicat/sympos/2012/mw.pdf?sm=jh083112-4   David’s Twitter: @DavidBeckworth David’s blog: http://macromarketmusings.blogspot.com/