Economics
Abe Adviser Fears BOJ Has Den of Conspirators Opposing Reflation
Has Abenomics Been a Success for Japan’s Economy?
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Japan’s central bank appears to be wavering in its commitment to unprecedented monetary easing, said Kozo Yamamoto, an adviser to Prime Minister Shinzo Abe and advocate of reflationary policies.
“I’m worried the BOJ’s attitude is wavering,” Yamamoto said in an interview on April 24 in Tokyo. “I wonder if Kuroda is being affected by fukumaden,” he said, which translated means “a den of conspirators.”