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What would your advice to the Bank of Japan? (Using macroeconomic concepts, such as monetary policy, inflation, Taylor rule, etc.) After decades of very low

What would your advice to the Bank of Japan? (Using macroeconomic concepts, such as monetary policy, inflation, Taylor rule, etc.)

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After decades of very low and even negative inflation, Japanese inflation rates have now moved above 2%. The Bank ofJapan is now faced with a question confronting central banks around the world: to what extent should they raise interest rates, now and over the next six months

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