Kuroda says BOJ easing alone can't achieve balanced growth

Kuroda says BOJ easing alone can't achieve balanced growth
 

Bank of Japan Governor Haruhiko Kuroda said it was hard to achieve balanced economic growth with monetary policy alone, adding that G20 nations shared the view fiscal and structural policies must also play a key role in boosting growth.
But he shrugged off the view that global policymakers were becoming increasingly concerned about the rising cost of prolonged ultra-loose monetary policies, signalling that central banks still had the ammunition left to stimulate the economy.
"I don't think there was a strong feeling shared among (G20 nations) that monetary policy was reaching its... read more

 
8 October 2016 in Business, Views: 50
Source: Reuters
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