Kiuchi says BoJ must communicate better
Board member concerned monetary policy is becoming less predictable
The Bank of Japan needs to improve its communications to avoid giving markets unrealistic expectations, policy board member Takahide Kiuchi said today (June 23).
"Improving communication with financial markets and enhancing flexibility are the immediate challenges," he told business leaders in Ishikawa.
Since the BoJ moved its policy rate below zero, observers have increasingly expected the central bank to "launch unforeseen easing measures at an unexpected timing". Kiuchi said the BoJ needed to
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