Former Bank of Japan Policymaker Tells Kuroda Not to Rush

  • Nakahara says board should first gauge effect of negative rate
  • Abe probably isn't waiting for the BOJ to act now, he says

Haruhiko Kuroda, governor of the Bank of Japan.

Photographer: Kiyoshi Ota/Bloomberg

On the eve of this week’s highly anticipated Bank of Japan gathering, an influential former policy maker cautioned his successors against rushing to make changes in an environment they can’t control.

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