Shinzo Abe’s Lesson for U.S.: Leaning on a Central Bank Has Its Limits

Shinzo Abe’s Lesson for U.S.: Leaning on a Central Bank Has Its Limits

TOKYO—Japan’s next leader will face a question many other countries are now grappling with because of the coronavirus pandemic: How much can central banks do to pull economies out of a deep malaise? Shinzo Abe, who said Friday he would resign after nearly eight years in office because of illness, leaned heavily on the Bank … Read more