Prime Minister Abe has extended the State of Emergency in Japan to the end of May. The Diet passed a fiscal supplementary budget for FY20 on April 30. What is the impact of fiscal and monetary policy to address the economic fall-out from the coronavirus pandemic, including cash pay-outs to residents?
In this episode, MUFG Chief Japan Strategist, Takahiro Sekido, reviews adjustments to Abenomics and Bank of Japan monetary policy amidst the COVID-19 uncertainty. He also explores triggers for the Yen, USDJPY cross currency basis and JPY rates in Q2 2020.
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Download: Abenomics, BoJ and COVID-19: The MUFG Global Markets Podcast (MP3)
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