SudipN

On March 19, Japan's central bank ended its latest economic experiment. The BOJ scrapped the world's last negative interest rate policy, with the first rate hike since 2007. The move ends the most aggressive monetary stimulus program in modern history, signaling confidence that the country is finally leaving behind years of deflation and economic stagnation. How will this massive shift disrupt everyday lives across the country and beyond? 00:00 Introduction 01:14 - The Japanese economic miracle 02:37 - Bubble burst 03:18 Decades of deflation 04:23 Era of QQE 05:40 Inflation comeback 06:52 BOJ ends negative rates