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Thursday, April 6, 2023

Fundamental: BOJ’s Kuroda Leaves $11.7 Trillion ‘Shock and Awe’ Experiment to His Successor

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Alert Alert Apr 6, 2023, 7:01am
 
Fundamental: BOJ's Kuroda Leaves $11.7 Trillion 'Shock and Awe' Experiment to His Successor
Within weeks of taking office a decade ago, Bank of Japan Governor Haruhiko Kuroda fired his "shock and awe" stimulus targeting a return to steady 2% inflation in around two years. As his tenure ends, the original "time horizon" remains largely that — something within sight but out of reach. Through 10 years of experimental policy that rewrote the rules of ...
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