BOJ Gov Shirakawa: Want people to respect BOJ’s independence
From forexlive.com
Good Luck with that one pumpkin :) Seeking 3% inflation in Japan is unrealistic (that’s what I’ve been sayin); BOJ already buying massive amount of JGBs; History shows importance of maintaining a central bank’s independence; BOJ underwriting govt debt would lead to reckless money printing; No central bank of advanced economies underwrites govt debt; Sees no need to change economic scenario in outlook report; Setting negative rates could discourage banks from seeking funds from BOJ in market operations; Japan economy still on track to recover due to expected rebound in overseas economies;
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