The Intelligence: The power of positive tinkering
Economist Podcasts
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End of an Era: Japan's Shift from Negative Rates
This chapter explores the Bank of Japan's significant transition away from negative interest rates, driven by recent economic indicators showing stabilization and wage growth. It examines the historical context of Japan's monetary policies, detailing the challenges faced during decades of deflation and the effects of global events on the current economic landscape. The discussion highlights the delicate balance policymakers must maintain as they navigate the complexities of fostering growth while managing rising interest rates and external pressures.
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