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Architects of Japan’s Easy-Money Policies Are Changing Their Minds
As the Bank of Japan weighs another rate increase on Friday, a divide over how Japan should confront inflation is widening.
AI Summary
The Bank of Japan is considering another rate hike on Friday as a split emerges over how to tackle inflation. The policymakers who built Japan’s decade‑long low‑interest‑rate framework now argue that the strategy has outlived its usefulness. Their focus has shifted from worries about stagnant prices to confronting entrenched inflation.
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