“In Japan, the Nationalist government hopes to stimulate growth through spending. A more expensive rent of money comes to thwart his plans”

The last central bank to practice very low rates, the Bank of Japan increased its key rates by a quarter of a point on Tuesday, to bring them to 1%, a level not reached since 1995. This risks chilling economic agents and, above all, will increase the burden of public debt, notes Isabelle Chaperon, columnist for the "World" Economy service.