The minutes of the Bank of Japan's October monetary policy meeting, published on Thursday, provided further evidence of the frosty relations between the central bank and the newly elected government.
Yoshihiko Noda, Japan's senior vice minister of finance, questioned the bank's recent policy decisions and called on it to provide better explanations for these.
Noda compared indications that the central bank is looking to tighten extremely loose monetary measures, which might suggest that it had a
- Auditors find ‘flaws’ in ECB’s crisis management framework
- Economists need to better understand macrofinancial links – BIS paper
- Home truths on Europe’s NPLs
- Central banks lack ‘firepower’ to combat financial crises, says report
- Ukrainian bank owners carried out ‘co-ordinated fraud’, forensic audit says