On March 19, Japan’s central bank ended its latest economic experiment. The BOJ scrapped the world’s last negative interest rate policy, with the first rate hike since 2007. The move ends the most aggressive monetary stimulus program in modern history, signaling confidence that the country is finally leaving behind years of deflation and economic stagnation. How will this massive shift disrupt everyday lives across the country and beyond Read More on Bloomberg: https://www.bloomberg.com/news/features/2024-03-21/how-historic-boj-rate-shift-is-pushing-consumers-to-rethink-their-money 00:00 - Introduction 01:14 - The Japanese economic miracle 02:37 - Bubble burst 03:18 - Decades of deflation 04:23 - Era of QQE 05:40 - Inflation comeback 06:52 - BOJ ends negative rates -------- Like this video Subscribe: http://www.youtube.com/Bloombergsub_confirmation=1 Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptionsin_source=YoutubeOriginals Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.