In our view, the Bank of Japan is likely to be forced to taper its Quantitative and Qualitative Easing (QQE) program in the next few years. If so, the consequences could be disorderly.
JMA and Europacifica will host a conference call on "End of Kurodanomics" on Thursday 8 September focused on:
- Sustainability of the BoJ’s QQE program,
- Financial consequences of a sudden stop to QQE, and
- Impact on financial markets