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Fears of Japan blackouts as power prices hit record highs and now introduces cap electricity prices at 200Yen/KWH…

Jan 15, 2021 | Global Macro, Inflation

Powell mentioned yesterday that nothing to see about inflation… OK!

The BOJ consistently reports low CPI… Ok!

Japan introduces cap electricity prices at 200Yen/KWH when this price on the Japan Power Exchanche reached 246Yen/KWH on Tuesday…

Just for information, the January 2020 average price was 7.6Yen/KWH… OK! there is no inflation….

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