Bank Of Japan Needs To Stop Refilling The Punchbowl—And Fast
Japan has lived with zero interest rates for 27 years. Last month’s move to 1% was meant to mark the start of normalization. This week will reveal whether it was also the end.
<p>Japan has lived with zero interest rates for 27 years. Last month’s move to 1% was meant to mark the start of normalization. This week will reveal whether it was also the end.</p>