Attention Economy


Monday, July 29, 2024

BOJ Monetary Policy Hurts Japanese Consumers

Japan Wanted Higher Inflation. It’s Here, and It Hurts.
Japan’s economy is faltering after a rise in prices led consumers to cut back on spending.
 
'Wishy-washy' BOJ keeps investors guessing on next move
Central bank set to release tapering plan, mull timing of rate hike
 
Japanese Businesses Are Taking Price-Raising Lessons to Survive
After decades of deflation, many smaller companies don’t know how to ask for more money, preventing a healthy wage-price cycle from taking root.