Fifty per cent of the Japanese public think the current interest rate is too low, even though almost 90 per cent of them consider current economic conditions slightly or very unfavourable. People’s views on the future of the economy are increasingly driven by personal or business experiences rather than by the media or official data - and their personal experience is increasingly negative: the survey suggests falling income levels, worsening household circumstances and rising fears over employment and working arrangements.
Tags: employment, Japan

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Leading economists discuss topics raised by Martin Wolf, the FT's chief economics commentator, and others.