Inflation Spikes to 4.0% in Japan, Much Worse than in the US. BOJ Babied its Rate to Just 0.5%, with More Baby Hikes in View
wolfstreet.com/2025/02/21/inflation-spikes-to-4-0-in-japan-much-worse-than-in-the-us-the-boj-babied-its-rate-up-to-just-0-5-with-more-baby-hikes-in-sight
The strategy: Let inflation rip to bring the horrible debt-to-GDP ratio down. Households & yield investors pay for it. Turns out, no free lunches after all.
By Wolf Richter for WOLF STREET.
The “all items” Consumer Price Index for Japan surged by 4.02% in January year-over-year, the worst…
This story appeared on wolfstreet.com, 2025-02-21 05:46:11.