3min chapter

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Who Wins When Markets Fight Policymakers?

Market Depth

CHAPTER

The Bank of Japan Governor's First Week on the Job

The Bank of Japan governor held a press conference and the transcript was only like released in Japanese. He basically said with regards to monetary policy tightening right so you're up in the United States. They were behind the curve they had fallen behind the curve and that essentially led to the current inflation and financial instability, he says. So it would be far better and more appropriate to focus on monetary policy on the latter problem.

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