He is one unloved central banker. Since 1998, when Masaru Hayami took over the Bank of Japan, he has been harshly criticized on both sides of the Pacific. Yet when it comes to compromise on issues that threaten the BOJ's newfound independence or economic reform in Japan, the 74-year-old won't budge. Now he's causing controversy by suggesting the time is coming for Japan to pull back from its ultra-loose monetary policy and near-zero interest rates.
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