Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Fed’s Fisher Says He’s Worried Abe Has ‘Politicized’ BOJ

Don't Miss Out —
Follow us on:
Fed of Dallas President Richard Fisher
Richard Fisher, president and chief executive officer of the Federal Reserve Bank of Dallas. Photographer: Scott Eells/Bloomberg

March 6 (Bloomberg) -- Federal Reserve Bank of Dallas President Richard Fisher said Japanese Prime Minister Shinzo Abe has “politicized” the Bank of Japan in a quest to halt more than a decade of falling prices.

“He’s aggressive. He has basically politicized the central bank, which worries me personally,” Fisher said today in a speech in San Antonio. “But he wants to see this deflationary” tendency “exorcized” and “he’s working very, very hard to change things, and indeed the stock market has responded.”

Abe came to office criticizing Bank of Japan Governor Masaaki Shirakawa for failing to lift Asia’s second-largest economy out of deflation, and nominated Asian Development Bank President Haruhiko Kuroda to replace Shirakawa. Kuroda told parliament this week that the central bank hasn’t bought enough assets to revive the economy.

The Nikkei 225 Stock Average has surged 15 percent this year.

To contact the reporter on this story: Aki Ito in San Francisco at

To contact the editor responsible for this story: Christopher Wellisz at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.