Rising inflation in Japan driving changes in economy

In Japan, prices for goods and services are rising at rates not seen since the 1990s, with expectations for continuous increases above 2%. The inflationary trend has influenced the Bank of Japan to raise rates for the first time in 17 years, albeit maintaining loose monetary policy. This shift in direction has sparked optimism among investors, leading to a surge in Japanese stock market performance. The overall sentiment leans towards optimism due to the significant positive changes unfolding in the Japanese economy.