The prime minister, Shinzo Abe, stood in front of the cameras in 2014 and said he was going to shake up the staid ways companies operated in Japan. It was […]
Kishida, Fumio
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Back to news homeWhy Japan Stands Virtually Alone in Keeping Interest Rates Ultralow
The yen is plummeting and inflation is climbing, but Japan’s economic circumstances have led to a view that raising rates would do more harm than good. Read More
Japan Has Long Sought More Inflation and a Weak Yen. But Not Like This.
TOKYO — For years, as Japan tried to boost its chronically weak economic growth, it pursued what its central bank saw as a magic formula: stronger inflation and a weaker […]