Japan has gone its own way on fighting inflation – can NZ learn from a global outlier?
- Written by The Conversation
Like most countries over the past three years, New Zealand has tried to manage inflation by increasing interest rates. Japan, on the other hand, has taken a different tack – with clear success.
In 2016, the Bank of Japan (BoJ) set the country’s interest rate at -0.1% and left it there. During the same period, the Reserve Bank of New...
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