Inflation Wears Out Its Welcome in Japan

Inflation Wears Out Its Welcome in Japan
фото показано с : cmegroup.com

2023-8-26 09:00

Japan embraced the rise in consumer prices after years of deflation, but inflation has now begun to take a toll.

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Фото:

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Central banks across the world have been increasing stimulus and letting inflation run high in order to combat the disastrous economic effects of the coronavirus outbreak response. The Bank of Japan has recently become the country’s largest stockholder and the European Central Bank is prepared to expand its colossal stimulus program.

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