Abe shift on BOJ shows Volcker Moment may loom in Japan

Japan’s incoming Prime Minister Shinzo Abe backed the central bank when it raised interest rates in 2006, a move he now says was a mistake. His shift may signal less tolerance for deflation in the third-largest economy. Abe, whose party swept to victory in elections for the lower house of Parlia…

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Abe shift on BOJ shows Volcker Moment may loom in Japan

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