[theold]

Ultimately, the only way for the Japanese authorities to reverse the current trend is to narrow the interest rate differentials with the other major economies by raising their own rates.

That would require strong evidence of an economic resurgence that Japan has been searching for – so far without any real success -- with its range of extraordinary monetary and ultra-expansive fiscal policies for more than 30 years.

https://www.smh.com.au/business/markets/...5bkyj.html