Sushi and doughnuts have role in BOJ's mistake

According to this recent article from Bloomberg, the latest inflation data from Japan suggests the Bank of Japan has messed up - again.

"Last week's report exacerbates my concern that it may be 2000 all over again for the world's No. 2 economy. In August of that year, the BOJ raised rates from zero prematurely. It reversed course 10 months later when it was clear that deflation was worsening."

"In any economy, a central bank's role is to look far into the future and head off trends that might

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