What to expect after Kishida's first 100 days

Last year saw yet another change in leadership in Japan, as Yoshihide Suga resigned as prime minister after less than a year.

Low approval rates and Japan's worst wave of Covid-19 infections saw a new prime minister elected in October. Prime minister Fumio Kishida has now completed his first 100 days in office, so what can we expect? First off, growth remains the key target. The recently announced $700bn stimulus package, which is more than 10% of real GDP, signifies this. Kishida also emphasised that the economy must get back on track before any tightening of the nation's purse strings.  Inflation While the US is seeing an acceleration of inflation in both the upstream and downstream of the economy, and t...