Yamaguchi says Bank of Japan is doing all it can

The most expectant of silences greeted Yutaka Yamaguchi, the deputy governor of the Bank of Japan. But the outlook from the bank veteran of 40 years was gloomy: the bank is doing all it can, it is time for others to pull their weight. CentralBankNet reports from Thursday's speech in London.

With a short-term interest rate effectively at zero the bank is effectively doing all it can, said Yamaguchi. The amount of liquidity the central bank injects in to the system is "four times what it used to

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