´╗┐

Japan Takes Flight

During a two-day meeting later this week in a stately neo-baroque building in Tokyo, nine men may vote to end of one of the oddest periods in the history of central bankingŚand send one of the clearest signals yet that Japan's economy has finally emerged from 15 years of stagnation. Led by governor Toshihiko Fukui, the monetary-policy committee at the Bank of Japan (BOJ) will vote on whether to raise its overnight lending rate to 0.25% or leave it at zero, where it has been for more than five years. That shift would not just demonstrate that the BOJ believes the...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!