Japanese Lessons

Japanese Lessons

With its central bank announcing a 2% inflation target, Japan is exciting again. But how can a 2% inflation target be big news? Because it's how Japan goes about achieving it where the interest lies.

Economic Analysis

31 January 2013

With 20 years of low inflation or even deflation, hitting a 2% target will be hard work. So if the Japanese authorities are serious, which they seem to be, they may be forced to use radical action - potentially employing methods far more drastic and aggressive than quantitative easing. For now, this remains a potential scenario. But if implemented and successful, then other central banks could follow Japan's lead.

Download the full report (PDF 68KB)


Latest news

Royal Bank of Scotland hosts ‘Easy Wins Live’ event

The event explored today’s ‘always on’ world and the pressure Scots face as they struggle to balance life inside and outside of work.

To win the fight against fraud and scams, it is vital to educate young people.

Primary school children in Currie, Edinburgh put on their detective hats last week to learn more about fraud and scams thanks to the Royal Bank of Scotland MoneySense programme. Les Matheson, CEO of Personal Banking, tells us why it’s so important to financially educate young people.

New NatWest debit cards now accessible for all customers

New card features are being rolled out from today with all cards having a notch and raised dots.

Set Tab for lightbox