Global inflation: Japan faces a moment of truth
17 mins | Jul 12, 2022
Could the nation be facing an economic collapse in the distant future? Japan's economy stands at a critical juncture, which could spell a further collapse of the yen beyond a 24-year low or an abrupt reversal in case of a U-turn in US interest rates. Kana Inagaki and Leo Lewis explore how this looming financial crisis piles pressure on the central bank to change course after decades of loose monetary policy.
From Financial Times