Bank of Japan Signals More Rate Hikes After Breaking Deflation Era

Bank of Japan Signals More Rate Hikes After Breaking Deflation Era

Japan’s long experiment with ultra-low interest rates is starting to look less permanent. Rather than focusing on the timing of the next policy move, Kazuo Ueda used his latest public appearance to outline why the country’s economic foundations now look fundamentally different from the past. His message was clear: the ingredients for sustained inflation are no longer theoretical.