William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
Herculean effort by Ishiba and the BOJ needed to limit collateral damage

Bank of Japan Governor Kazuo Ueda attends a press conference after its policy meeting in Tokyo, Japan. © Reuters
William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."