Shirai urges BoJ to change course
Former policy board member recommends policy rethink
The Bank of Japan (BoJ) should change the course of its monetary policy, which is distorting markets and will soon prove unsustainable, says former policy board member Sayuri Shirai.
"The BoJ must be more honest and sincere, and talk to the people," she told CentralBanking.com. "Many have doubts about QQE [qualitative and quantitative easing] now. It has contributed to very volatile stock prices and exchange rates, undermining the confidence of individual investors and preventing more risk
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