Bloomberg (May 16)
2016/ 05/ 17 by jd in Global News
“Never before has the Bank of Japan done so much to achieve so little. Even after arranging a record stimulus program and reducing a key interest rate to less than zero, the central bank has failed to boost inflation to its goal of 2 percent…. A central bank using up its policy tools doesn’t bode well for a nation with the world’s largest debt burden.”
Tags: BOJ, Central bank, Debt burden, Goal, Inflation, Interest rate, Policy tools, Stimulus
Financial Times (March 8)
2016/ 03/ 08 by jd in Global News
“The tough UN sanctions to be imposed on North Korea, the result of an accord reached by the US and China, go well beyond previous efforts. Yet if the goal is to change Pyongyang’s behaviour, they will not be enough.”
