Relationship between the crude oil price and the economy, do you ...
Relationship between the crude oil price and the economy, do you really know
If residual values decrease prices, Japan will be obtained? Sonsuru?
In recent years, the Japanese economy has continued to be swayed by trends in crude oil prices. Bank of Japan introduced quantitative easing, that price has become an important policy goal than ever before is the main factor.
Movement of crude oil prices in order to give a significant impact on the consumer price index of the country, the government is not forced to wavers between hope and fear in the trend of crude oil prices. In fact, the Bank of Japan by the sharp fall in crude oil prices that occurred in 2.0 years late, the achievement of price target is recognized as difficult.
But, this story is a technical problem in the only monetary policy, is also different from the story of the real economy.
Trends in the price of crude oil is not intended to stay only in the prices of the problem, but have a significant impact on the real economy, people who know what is working is what kind of mechanism in reality is surprisingly small.