The election results in Japan may put the central bank in a double bind, as the prospect of large-scale spending could keep Inflation high, while potential political paralysis and a global trade war provide ample justification for slow interest rate hikes.
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The election results in Japan may put the central bank in a double bind, as the prospect of large-scale spending could keep Inflation high, while potential political paralysis and a global trade war provide ample justification for slow interest rate hikes.