Can Japan’s Economy Continue To Blossom If Bank of Japan Raises Rates? Apparently So.
Amid an economic climate of high interest rates in the US and a slumber among China stocks led by a downturn in the property market, Japan’s economy lies in stark contrast to the antipathy that investors are feeling elsewhere in the world right now.
Rising consumer prices, buoyed by a weak yen that has reaped big bucks for exporters over the last couple years in particular, and a central bank policy of continued negative interest rates have so far boded well for Japan, which posted 4.8% GDP growth in the second quarter this year.
