By Leika Kihara TOKYO (Reuters) - Some Bank of Japan (BOJ) policymakers baulked at former chief Haruhiko Kuroda's idea of deploying a "bazooka" massiv.
Former Bank of Japan Governor Haruhiko Kuroda took the unusual step of setting the tone for other policy board members before soliciting their views when the central bank decided to embark on powerful monetary easing in 2013, minutes showed July 31
Some at BOJ Baulked at Ex-Chief Kuroda s Bazooka Stimulus usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Some Bank of Japan (BOJ) policymakers baulked at former chief Haruhiko Kuroda's idea of deploying a "bazooka" massive stimulus a decade ago, unconvinced central banks had the power to jolt public perceptions, accounts of the meeting released on Monday showed. The 2013 deliberation underscores a challenge central banks around the world still face - the difficulty of communicating policy intentions effectively and convincing the public of the impact its monetary measures had on the economy. The BOJ releases the full account of its policy-setting meetings after a decade.
TOKYO: Some Bank of Japan (BOJ) policymakers baulked at former chief Haruhiko Kuroda's idea of deploying a "bazooka" massive stimulus a decade ago, unconvinced central banks had the power to jolt public perceptions, accounts of the meeting released on Monday (Jul 31) showed. The 2013 deliberation underscor