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A Week of Central Bankers Hiking, Pausing, and Leaving
Market Depth
The Regret I Have About the Bank of Japan Governor
As you leave your post, I guess it will be custom. It's custom in many offices in Europe that you leave a letter for the next person who takes the job. Will you perhaps express regret that you didn't take the opportunity to escape from these very loose monetary conditions and yield curve control several years ago when perhaps you had a window? All in all, I think the government policy coupled with the Bank of Japan's extremely accommodative monetary policy has been successfully in changing the Japanese economic structure and growth prospect. But unfortunately, 2% of the budget has not been achieved in a sustainable and a safe manner.
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