Ex-BOJ exec urges focusing stimulus efforts on wages not bonds

Aug 18, 2016

Ex-BOJ exec urges focusing stimulus efforts on wages not bonds

The Bank of Japan should stop its record bond purchases because the policy has failed to spur consumer prices and instead focus with the government on a wage target, according to a former central banker. While BOJ Gov. Haruhiko Kuroda’s asset purchases and negative ...

Aug 1, 2016

Abe aide Hamada favors Japan proclaiming debt-monetizing policy

One of Prime Minister Shinzo Abe’s top advisers says he favors a declaration by Japan’s policymakers that their current measures are monetizing the nation’s debt. Some people say that Japan has “already adopted ad hoc monetization of debt, and that to improve public confidence ...