Japan PM Kishida: We are still half way in completely emerging from deflation

28/03/2024 | 11:57 GMT

Kishida says that Japan is experiencing a historical chance to escape from deflation territory

Well, he's not wrong. If not for the Covid pandemic, it would have been unfathomable to imagine the BOJ being able to normalise monetary policy. The main worry for Japan now is that they might have gotten onto the ship a little too late.

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