Business & Finance

Reuters details Bank of Japan’s communication dilemma

Reuters detailed how eight years of stimulus attempts to spur weak inflation have left the Bank of Japan with one of the most complex monetary policy frameworks in the world, heightening communication challenges for Governor Haruhiko Kuroda, who was once known for his bold, simple messages. Yet, the BOJ lacks a strategy for changing public perceptions on future prices, beyond clinging to a commitment on money printing that has so far failed to prop up inflation. The BOJ’s struggle highlights the challenge global central banks face in telegraphing their policy intentions to financial markets after their mandates broadened during the COVID-19 pandemic. 

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Asia
Countries: Japan
Win Types: Exclusivity
Story Types: Special Report / Insight
Media Types: Text
Customer Impact: Important Regional Story
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