Jinho Choi is deputy group head and principal economist at the ASEAN+3 Macroeconomic Research Office in Singapore. Jae Young Lee is group head and lead economist with the organization.
Inflation has made a comeback in Japan.
Loose stance still makes sense for now, but central bank must be ready to pivot

Bank of Japan Gov. Kazuo Ueda on July 28: The central bank took a small but significant step back from its ultra-easy monetary policy stance in its latest policy meeting. (Photo by Satoko Kawasaki)
Jinho Choi is deputy group head and principal economist at the ASEAN+3 Macroeconomic Research Office in Singapore. Jae Young Lee is group head and lead economist with the organization.
Inflation has made a comeback in Japan.