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Kuroda hints at shift in thinking on monetary policy's power

BOJ expected to ease again if market tumult stops firms from increasing capital spending, wages

Published Tue, Feb 23, 2016 · 09:50 PM
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Tokyo

ALMOST three years after taking the helm at Japan's central bank, governor Haruhiko Kuroda has hinted that his view on the power of monetary policy has shifted, after an unprecedented stimulus programme failed to achieve his inflation target.

"It's not that the monetary base alone will pull up inflation or inflation …

KEYWORDS IN THIS ARTICLE

Monetary Policy

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