The Myths and Legends of Japan’s 20 Years With Zero Interest Rates

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Heard on the Street: The simple narrative that Japan has pursued over two decades of uninterrupted stimulus hides several changes in monetary policy

 

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Japan is mired in a zombie economy.

Thanks Street (Captain Obvious) for your deep dive.

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Asian markets mostly rise after RBA sparks hopes of interest-rate cutsAsian shares were mostly higher Thursday on news that the Reserve Bank of Australia may cut interest rates, driving hopes that other central banks could come to the same conclusion. Markets in China, Hong Kong and Taiwan were closed for Lunar New Year.
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