Why Japan is forced to take baby steps to normalise monetary policy
Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.
Japan’s central bank ending its negative interest rate regime comes not a moment too soon, but that alone will not return the economy to its heyday. Uncertainty over the outlook for growth and inflation persists, and the internal issues that led to the adoption of ultra-loose policy are still in place.