You are here

Kuroda: Better for central banks to stagger their normalisation moves

Kuroda: If biggest 4 pull out from unconventional policy at the same time, emerging markets will be in difficulty

Mr Kuroda said on Tuesday that the differing tacks taken by the major central banks reflect their respective situations and does not create any problem.


BANK of Japan governor Haruhiko Kuroda has defended what he has called the "non-synchronised" conduct of monetary policy by the world's four largest central banks, even as he insisted that Japan's economic recovery and its central bank's inflation target both remained on track.