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Flat White

The problem with Japan’s economy

29 March 2024

11:21 AM

29 March 2024

11:21 AM

Japan’s increase of its interest rates to being from negative to positive for the first time in 17 years was a minor basis point change, yet it is significant in the grand scheme of things.

With a declining population, many women choosing to work, and a strict policy regarding dual nationality, it is difficult for the country’s economy to fight deflation relative to the rest of the world’s inflation rates, which have been too high.

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