No Sense of Urgency for BOJ to Do Something, Says WisdomTree Investments’s Koll

The transcript discusses economic concerns in Japan, focusing on the actions of the Bank of Japan and the impact of exchange rates. It highlights the dynamics of the dollar and capital outflows from Japan, driven by investment opportunities in the US. The discussion also covers Japan's investment in US infrastructure, such as the Shinkansen project in Texas. Finally, it examines the coordination between monetary and fiscal policy in Japan, particularly in response to a sales tax hike and its potential economic impact.

Discuss the relationship between fiscal and monetary policy in Japan compared to the US and Europe.

What are the expected outcomes of the sales tax hike in Japan?