Kuroda says Bank of Japan prepared for fiscal easing if necessary

Aug 28, 2016

Kuroda says Bank of Japan prepared for fiscal easing if necessary

Bank of Japan Gov. Haruhiko Kuroda said Saturday that he won’t hesitate to boost monetary stimulus if needed, reiterating a pledge during an annual policy retreat in Jackson Hole, Wyoming, at which central bankers stressed their need for backup from fiscal policy. “There is ...

Yellen rejects radical overhaul of Fed's policy tools

| Aug 27, 2016

Yellen rejects radical overhaul of Fed's policy tools

For all the talk of a radical shift in central banking policy, from the permanent use of negative rates to printing “helicopter money,” Federal Reserve Chair Janet Yellen appears to believe she can tackle any downturn using the tools currently at her disposal. Speaking ...

Feb 2, 2016

Will Kuroda's gamble work?

The latest BOJ step appears to point to the limits of what the central bank alone can do to achieve its goal of ending deflation.