Exploring the impact of rate hikes on the economy, focusing on the delicate balance needed to avoid layoffs or recession, with consumer spending and wage growth highlighted as crucial indicators.
For the first time in almost two decades, Japan has raised interest rates out of negative territory. The reason? Inflation has finally arrived in the country’s economy.
Today on The Big Take podcast, Bloomberg’s Paul Jackson and host Sarah Holder tackle what the change means for banks, business, and Japan’s economy.
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