Japan Economist, Japan Macro Advisors

Takuji Okubo

Takuji is the Managing Director and Chief Economist of Japan Macro Advisors, an independent macro-research house, specializing in the analysis of the Japanese economy and its public policies. He is also the Director of Japan Risk Forum, an association of Chief Risk Officers of Japanese financial institutions.

Japan Economist

Bank of Japan’s Rate Decision on Sept 19: Does Timing Signal the Outcome?

Japan Strategy | Modest Gains Amid Mounting Uncertainty

Index Changes and Rate Cuts: Key Events in September 2025

S&P/ASX 200 (AS51 Index) Ahead of 12 Aug RBA Decision: Markets Divided, but I Vote for a 35bps Cut

Concise and Insightful Analysis on Japan Economy

Japan Macro Advisors

Our mission is to provide a concise and timely analysis on the Japanese economy for the benefit of global audiences. Communication, especially in foreign languages, has always been a weakness for the Japanese, which was fine when Japan's economic might attracted foreign media and various other institutions to study and report on Japan - such days are long gone. In the last two decades, we saw foreign institutions reallocating their resources from Japan to other more exciting parts of the world. As a result, when we read reporting on Japan in foreign media, we sense a subtle but noticeable decline in the depth of understanding what is actually happening in Japan.

Macroeconomics

<ul>
<li>Bank of Japan likely to remain on hold till January 2026 with risk of further delay </li>
<li>Once BoJ resumes hiking cycle, it will likely follow twice a year pace till 1.5% </li>
<li>With the Fed cutting rates, the long end of the JGB curve is firmly anchored</li>
</ul>


Bank of Japan likely to remain on hold till January 2026 with risk of further delay 
Once BoJ resumes hiking cycle, it will likely follow twice a year pace till 1.5% 
With the Fed cutting rates, the long end of the JGB curve is firmly anchored


Japan Macro: Restarting Coverage