Is Creating a Virtuous Cycle of Prices and Wages Possible? (Dr. Tsutomu Watanabe, Nowcast Inc. Founder & Director & Organic Data Lab Director/University of Tokyo Graduate School of Economics Professor Emeritus)

In her policy speech, Prime Minister Sanae Takaichi stated her approach would be “responsible and proactive public finances,” aiming to create a virtuous economic cycle through strategic public spending. People are watching to see if this will boost the Japanese economy. At the same time, the Bank of Japan has held back from raising interest rates, keeping a close eye on the impact on the Japanese economy and commodity prices from the effects of increased tariffs on US economic trends and the cost of food in Japan.

The FPCJ has invited Dr. Tsutomu Watanabe, a leading researcher in commodity prices, expert in macroeconomics, founder of Nowcast Inc., and professor emeritus at the University of Tokyo Graduate School of Economics, to discuss whether it is possible to create a virtuous cycle of commodity prices and wage increases.

Please note that you cannot physically attend this briefing, as it will be a Zoom webinar.

Embassy representatives and FPCJ supporting members may also participate in the briefing as observers (admission free).

As in our standard press briefings, there will be a Q&A session at the end.
*In principle, questions will only be accepted from members of the foreign press.

Please send any questions for the briefer or topics you are interested in to cp@fpcjpn.or.jp by 12:00 on Thursday, November 20.
As there will only be a limited amount of time to ask questions during the briefing, we will collect questions and provide them to the briefer in advance.

■How to Apply: Please refer to the email we sent.
*We will not be accepting applications by email.