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
