Following a period of exuberance around Abenomics, Japanese Prime Minister Shinzo Abe’s three-pronged economic revival program is now generating a sense of unease among investors.
Abe initiated his “three arrows” strategy – based on a loose monetary stance, expansive fiscal policy and structural reforms – in December 2012, following his election as prime minister.
One-and-a-half years on, the way Abenomics has progressed can best be described as “eating dessert before the main course,” says Freya Beamish, economist at Lombard Street Research.
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.
Latest posts by marketpulsefxstaff (see all)
- Oil Remains Near Multi-Month Lows - 6 August 2015
- U.S. Dollar Higher on Recent Data - 6 August 2015
- Greece’s PM Tsipras: Loan Deal with Lenders Close - 6 August 2015