Some at BOJ baulked at ex-chief Kuroda's 'bazooka' stimulus

Some at BOJ baulked at ex-chief Kuroda's 'bazooka' stimulus

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.

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Tokyo , Japan , Shinzo Abe , Koji Ishida , Takahide Kiuchi , Hiroshi Nakaso , Haruhiko Kuroda , Takehiro Sato , Masaaki Shirakawa , Leika Kihara , Reuters , Jamie Freed , Bank Of Japan , Stimulus , Public Expectations , Central Banks ,

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