Japan's current inflation rate is 3%. The primary problem is raw materials that need to be imported for businesses.
Having said that, BoJ needs to watch closely for a GBP style run. It's probably more important they say they're watching than they do anything right now tbh.
leeta0028 t1_iu62e8w wrote
Reply to comment by Mtbguy56 in Japan unveils $200 billion in new spending to ease inflation pain by NBAtee
Japan's current inflation rate is 3%. The primary problem is raw materials that need to be imported for businesses.
Having said that, BoJ needs to watch closely for a GBP style run. It's probably more important they say they're watching than they do anything right now tbh.