Kazuo Ueda has the difficult task of steering the world's third-largest economy out of a time of ultra-easy credit
Japan had been a holdout among major industrialized nations in allowing yields to rise
Rating action follows sovereign downgrade
Increased uncertainty over country’s political commitment to fiscal consolidation
Actions follow downgrade of the government of Japan’s rating
The government is confronting its long-standing deflation, with an aggressive tax policy and labour reform. Many portfolio managers are optimistic about the effects of the 2020 Olympics, predicting stock appreciation in some sectors
Japan’s adoption of quantitative easing will lead to an implosion in the bond market, suggest experts
Although it has flat-lined for two decades, Japan remains one of the world's largest economies. A new prime minister wants to boost growth by promoting consumer spending and a major expansion in public works
Outlook stable