The question facing Japan Prime Minister is whether he can press ahead more quickly with important reforms, either in his current administration or after a fresh election. Based on his recent track record, we don’t have reason to be confident. But who knows , maybe Japan will give the world big suprise next , ofc in the good way.
The only thing they have managed to do by now is engage in this questionable QE policy, driving down the yen. I don't think they can achieve anything new by eroding consumers purchasing power. The same old 'weaken the yen, boost exports' policy.
