Site icon Global Banking Monitor

Japan Poses $3 Trillion Threat to Global Financial Markets

Photo by Fallon Michael on Unsplash

Bank of Japan Governor Haruhiko Kuroda changed the course of global markets when he unleashed a $3.4 trillion firehose of Japanese cash on the investment world. Now Kazuo Ueda is likely to dismantle his legacy, setting the stage for a flow reversal that risks sending shockwaves through the global economy.

Just over a week before a momentous leadership change at the BOJ, investors are gearing up for the seemingly inevitable end to a decade of ultra-low interest rates that punished domestic savers and sent a wall of money overseas.

Read More : Japan Poses $3 Trillion Threat to Global Financial Markets

Exit mobile version