The Bank of Japan (BOJ) finally pulled the trigger on tweaking its interest rate policy. The most important takeaway is that this is more of a change in form than in content. For the most part, the BOJ is changing the mechanism by which it keeps interest rates low, at least for the next year or so.

For details, see https://richardkatz.substack.com/p/boj-finally-pulls-the-trigger-on

Richard Katz

The Contest for Japan's Economic Future