A generation of Japanese have grown accustomed to falling prices. That’s presented a seemingly impassable obstacle to the central bank, whose negative interest rates and other stimulus policies were supposed to spur wage and price increases; ‘people love to save’

Topics:  japanese   
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  • World’s Last Negative Rate Experiment Nears Its End in Japan
    For the world, it’ll represent closure to the era of negative rates, a radical policymaking approach ... former BOJ executive director in charge of monetary policy. “Japan’s inflation ...
    03/20/2024 - 4:01 pm | View Link
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