Why Japan’s long fight against deflation looks doomed to fail

//Why Japan’s long fight against deflation looks doomed to fail

Why Japan’s long fight against deflation looks doomed to fail

Japan’s central bank has stuck to aggressive government debt purchases, rock-bottom interest rates and near-zero long-term bond yields. The costs of this approach keep rising as a weak yen is at odds with the need for more consumer spending and ending the deflationary mindset.

Article by [author-name] (c) Business - South China Morning Post - Read full story here.

By | 2022-04-07T06:30:27+00:00 April 7th, 2022|Business|Comments Off on Why Japan’s long fight against deflation looks doomed to fail