Day 1,596: audacious, entrenched

Global supply squeezes and a weak exchange rate have duly done what years of audacious monetary easing could not achieve, and pushed the headline inflation rate over the Bank of Japan’s 2% target.

Corporate-governance reforms that began under a previous prime minister, Abe Shinzo, have become entrenched.

Will Japan rediscover its dynamism?

Artwork of the day 
Fixed points
Wassily Kandinsky
Date: 1942
Style: Abstract Art
Genre: abstract
Location: Private Collection

Word of the day 
audacious: showing a willingness to take risks or offend people
entrenched: Entrenched ideas are so fixed or have existed for so long that they cannot be changed 

Quote of the day
“Too many people realize at the end of their lives that they've taken for granted those who really love them. ”

― Lesley M. M. Blume, Cornelia and the Audacious Escapades of the Somerset Sisters