Former senior officials of the Bank of Japan are expressing alarm over the Bank of Japan’s ratcheting up of easing measures, breaking the general silence on policy matters expected from officials who have left the central bank. The comments from the former officials indicate that concern among people with a link with the bank is not limited to the four board members who voted against the expansion of the BOJ’s asset-buying orchestrated by Gov. Haruhiko Kuroda at the end of October. “The current easing policy is like a car driving down the highway without brakes,” said a former policy board member. “And that car has ... (full story)