'Abenomics' Is Nothing More Than a Buzzword

In the next few months, the market will learn whether new Japanese leader Shinzo Abe’s promise to drag Japan out of nearly two decades of recession and deflation was just a nice story.

Today marks new Bank of Japan governor Haruhiko Kuroda’s first policy meeting at the helm of the Bank of Japan—the institution Abe has tasked with much of the heavy lifting needed to restore Japan’s growth and turn his hopes for inflation into reality.

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