Exploring the impact of the Bank of Japan's decision to raise interest rates after a period of negative rates, discussing winners and losers as sectors like banking may benefit while challenges arise for the government, Bank of Japan, and big Japanese exporters.
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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