Shirakawa deflects criticism over off-target inflation


The Bank of Japan's (BoJ) "aggressive monetary easing" has substantially eased conditions in financial markets, but additional factors are preventing the benefits feeding into the wider economy, Masaaki Shirakawa, the governor of the BoJ, said today (November 26).

Shirakawa said monetary easing, through near-zero interest rates and asset purchases, had "thoroughly permeated" the financial environment, but the benefits were being held back as firms and households were not taking advantage of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: