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Is Japan's Economy Picking Up Pace After 17 Years?
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Subscribe27 JAN 2025 / ECONOMY
After 17 years of extremely low interest rates, Japan's central bank has raised its short-term policy rate to 0.5% to combat growing inflation concerns. This shift could reshape the global bond market, increasing borrowing costs internationally and prompting potential policy adjustments by other central banks.
After 17 years of keeping interest rates rock-bottom, Japan has finally made a big leap, raising its short-term policy rate to 0.5%. For the first time since 2008, Japan has taken this significant step. If you’ve been following the global economic s...
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