Financial Times (November 28)
2012/ 11/ 29 by jd in Global News
“After 15 years in which the BoJ has failed to defeat deflation, the institution could do with some fresh thinking.” Facing a similar situation, the UK has appointed a Canadian to head the Bank of England, but “sadly, it is inconceivable that Japan would appoint a foreigner to lead one of its most important institutions.” Still there is hope that an outsider will be appointed. It is time to end “Japan’s overly timid anti-deflation policy.”
Tags: Bank of England, BOJ, Deflation, Fresh thinking, Japan, UK
