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BOJ chief again bangs the drum for monetary easing

He stands his ground despite the IMF and World Bank's recent consensus that the practice is losing its effect

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The governor of the Bank of Japan (BOJ) has once again asserted the central bank's determination to ease monetary policy further if external shocks threaten its policy goals, despite a consensus by the International Monetary Fund (IMF) and the World Bank that monetary easing is near the end of its effectiveness.

Tokyo

THE governor of the Bank of Japan (BOJ) has once again asserted the central bank's determination to ease monetary policy further if external shocks threaten its policy goals, despite a consensus by the International Monetary Fund (IMF) and the World Bank that monetary easing is near

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