2024/3/10. Negative interest rates cancellation
Recently, Bank Of Japan(BOJ) try to cancel negative interest rates.
I doubt that it is effective for stagflation.
In Japan, stagflation is happening, not simple inflation.
I feel that BOJ can’t stop stagflation by negative interest rates cancellation.
If Japan power people misunderstand about the difference between stagflation and inflation, Japan economy will be worse.