The economic position of Japan in raising its interest rates and getting out of nearly 20 years of deflation is not going well. Can anything be done at this point, or does Japan (and by extension the rest of the world) need to accept deflation as the new normal? Europe seems to be heading towards the same trajectory.
This content requires a Finadium subscription. Articles with an unlocked symbol can be accessed with free registration. Log in or create a free account by signing up here..