A version of this story first appeared in CNN Business' Before the Bell newsletter. You can sign up right hereLondon (CNN Business) Shinzo Abe announced plans on Friday to cut short his stint as Japan's prime minister, citing ill health — but the legacy of his economic policies will endure for decades. The backstory: Abe took office in 2012, promising to reinvigorate the world's third largest economy through massive monetary stimulus, increased government spending and structural economic reforms. Falling prices were vanquished, but inflation has fallen short of the 2% target set by the Bank of Japan. Why it matters: The buy-everything strategy pushed the Bank of Japan into what some economists regarded as "unconventional" monetary policy.

Source: CNN August 28, 2020 11:26 UTC