Ex-BoJ Kanno expects action from Fukui

In an interview with Dow Jones, ex-Bank of Japan official Masaaki Kanno said rather than increase the BOJ's account balance target to shake-off deflation the BOJ's new governor Toshihiko Fukui will focus more on ways to make sure that money injected by the central bank permeates through to the private sector.

First published by Dow Jones on 1 April.

The new Bank of Japan governor appears prepared to take pre-emptive action to support the economy, said former senior BOJ official Masaaki Kanno

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