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Kuroda's communication with foreign media in an intervew April 11, 2013, was meant to communicate flexible policy action and BOJ watchful for asset bubbles developing. One of the main criticisms of Tokyo University economist, Takatoshi Ito, a candidate for BOJ chief, was that Shirakawa gave a cold shower after each move with cautious language, in effect talking down each move. Kuroda's communication with the media compares favorably with Bernake at the U.S. Fed and Draghi at the ECB.
Grouped Articles
Target Is 'Flexible,' Says Japan Bank Chief
Wall Street Journal 04.12.2013
Japanâs Economy Growing at 3.5% Annualized Rate
New York Times 05.15.2013
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