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OECD Welcomes BOJ Inflation Target, Easing
Keywords:
Bank of Japan chief Kuroda's interview with foreign media, April 11, 2013, on flexible handling of policy to reach 2% inflation target
04/12/2013
Kuroda tells foreign media in an interview the BOJ will be watchful and vigilant that the new monetary policy does not create asset bubbles. BOJ will adjust policies accordingly and be flexible if this is happening. In that case it wil give more time to get to the inflaton target of 2%.
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The yen weakens to 94.77 yen to the dollar on Feb 25, 2013 after the announcement of the appointment of Kuroda to head the central bank by prime minister Abe. Kuroda sets a two year time frame to achieve the 2% inflation target. He has experience in monetary and currency policy as he was head of the currency policy department at the finance ministry in the early 2000's, and has published a book about the failure and success of monetary and fiscal policy. For 2 years Kuroda lectured at Hitoshibashi University, before becoming head of the Asian Development Bank. Kuroda brings the kind of experience and caliber that Bernanke, Draghi and King bring to the central banks of the U.S., Europe and the UK.
Grouped Articles
Target Is 'Flexible,' Says Japan Bank Chief
Wall Street Journal 04/12/2013
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G-20 Backs Japan on Yen Policies
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OECD Welcomes BOJ Inflation Target, Easing
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Target Is 'Flexible,' Says Japan Bank Chief
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G-20 Backs Japan on Yen Policies
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OECD Welcomes BOJ Inflation Target, Easing
Wall Street Journal 04/23/2013
BOJ Price Forecast Falls Short of Target
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Bank of Japan's Inflation Game Going Into Extra Innings
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The Bank of Japan, Japan's central bank, and monetary policy
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Target Is 'Flexible,' Says Japan Bank Chief
Wall Street Journal 04/12/2013
Japan Official Cites Fundamentals in Yen's Drop
Wall Street Journal 04/12/2013
G-20 Backs Japan on Yen Policies
Wall Street Journal 04/20/2013
OECD Welcomes BOJ Inflation Target, Easing
Wall Street Journal 04/23/2013
BOJ Price Forecast Falls Short of Target
Wall Street Journal 04/28/2013
Bank of Japan's Inflation Game Going Into Extra Innings
Wall Street Journal 04/26/2013
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OECD Welcomes BOJ Inflation Target, Easing
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