Business Daily
Summary
Japan is raising interest rates after decades of very low borrowing costs. The episode examines how the change affects borrowers, savers and investors, and who may benefit from more expensive borrowing.Key Facts
- Japan had kept borrowing costs very low for decades.
- Japan is now raising interest rates.
- A homeowner discusses preparing for higher mortgage costs.
- A saver considers bringing investments back to Japan.
- The programme explores who benefits from rising borrowing costs.
- The episode features a former Bank of Japan rate-setter.
- Sam Fenwick presents the 17-minute episode, produced by Gideon Long.
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