[Economy column from Asia]
2024-03-10 00:18:00
The Nikkei Stock Average has reached the 40,000 yen mark for the first time in history. One of the reasons behind this is the growing expectation among investors around the world that the US interest rate will be cut. On the other hand, there were also scenes where stock prices plummeted due to reports regarding the Bank of Japan's decision to lift negative interest rates. Similarly, Thailand is a Southeast Asian country where the future of monetary policy is a focus. This is a heated debate between the government and the central bank, which are pressing for an emergency rate cut. When I listened to the discussions and the situation, which could be called a battle between the government and the central bank, I learned a lot. (Asia Bureau Reporter Neil Kato)
