Kuroda believes QQE has started to ‘exert effects’
Haruhiko Kuroda, governor of the Bank of Japan (BoJ), told a gathering of central bankers at the Jackson Hole symposium on Saturday that the central bank's radical easing plan "has already started to exert effects".
He laid out how the BoJ's quantitative and qualitative easing (QQE), announced in April, had resulted in a "favourable turn" in the country's finanical markets, public expectations and economic activity.
Kuroda explained that inflation expectations have been "edging up", which in
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