BoJ’s Nishimura favours dual approach to monetary policy
Kiyohiko Nishimura, a deputy governor of the Bank of Japan, on Monday discussed the benefits of the central bank's dual perspective on monetary policy.
Speaking at a conference in Syusufanghai, China, Nishimura said: "Monetary policy does not directly reflect changes in asset prices or in the financial system. Nonetheless, there is a common understanding among advanced economies that variables such as asset prices and bank lending contain important information that should be brought to bear on
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