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PostJapan wished for inflation for thirty years and got it — the yen is the receipt, and it keeps getting cheaper.

18 September 2026
T
The Macro Butler
Japan wished for inflation for thirty years and got it — the yen is the receipt, and it keeps getting cheaper.
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TThe Macro ButlerThe Bank of Japan raised its policy rate a quarter point to 1.25% — Ueda's sixth hike, the most by any governor in half a century, and the shortest gap between TThe Macro ButlerThe statement was blunt about why: there is "a risk that it will deviate upward to a level above the price stability target of 2 percent," with firms now shifti
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TThe Macro Butler🤵 The Macro Butler The Week That It Was as of September 18, 2026, 🤵 🌐 Rising rates, weakening currencies and stubborn inflation delivered one clear message: as
TThe Macro ButlerThe Macro Butler@TheMacroButlerSubstack · channel · Business
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