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Critic of BOJ chief's 'monetary shamanism' turns up the volume

More academics, ex-policymakers now agree with him that Kuroda's QQE policy relies too much on psychology

Published Wed, Oct 22, 2014 · 09:50 PM
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Tokyo

IZURU KATO is a soft-spoken and bookish economist, but his dismissal of the Bank of Japan's (BOJ) stimulus policy as "monetary shamanism" is ringing loud in the ears of central bank governor Haruhiko Kuroda.

Mr Kuroda's policy of q…

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