Japan's BOJ freezes rates as cabbage costs 2.6x normal, while Trump threatens tariffs that could devastate the export-reliant economy. Can families survive this perfect storm?
Japan's central bank trapped between skyrocketing food costs and Trump's terrifying tariff threats—a perfect economic storm brewing in the East.
The BOJ must choose its poison. With a unanimous vote, the Bank of Japan board decided to maintain the short-term policy rate at 0.5% amid growing economic uncertainties. The rising prices of everyday staples like rice and cabbage—with cabbage prices reaching 2.6 times their five-year average—are putting significant pressure on Japanese households.
