Japan's Shift Towards Positive Interest Rates

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The chapter explores Japan's transition from unconventional monetary policies to positive interest rates, signaling a shift in economic strategy. It discusses the historical context, impact of past policies, and the factors driving this change in response to inflation trends.

The Bank of Japan has ended its grand experiment in unconventional monetary policy—how did it work, and what happens now that it has concluded? Ahead of Florida’s presidential primary our correspondent pays a visit, examining the state’s hard swing to the right (10:17). And the next in our Economist Reads series: why God seems to care so much about sex (19:09).

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