A Japanese Hawk Spreads Its Wings. Jen Received First Aid

Hospodárske Noviny

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After decades of cheap money, the Bank of Japan is changing its role. It no longer has to wake up inflation like a sleepy samurai, but to guard against letting its sword slip from its hands. The message that it may raise rates more often than once every six months is therefore more than verbal gymnastics by the central bank. It is a warning to the markets, f...