Bank of Japan’s first rate hike in 17 years is a damp squib
The message is big but the policy shift is small. The age of deflation is far from over in Japan.
The message is big but the policy shift is small. The age of deflation is far from over in Japan.
Japanese shares are testing highs they haven’t seen since 1990, just as the country’s great asset bubble was declining. There have been plenty of false dawns in the past, but this time, as Japan expert and value investor Alex Kinmont told Neil and Jonathan, it really might be different.
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