BOJ Stimulus Should Focus on Wages Not Bonds: Ex-Official

Updated on
  • Boosting money ‘won’t break the norm of prices,’ Watanabe says
  • Government should raise bureaucrats’ salaries, service prices

Ex-Official: BOJ Should Focus on Wages Not Bonds

The Bank of Japan should stop its record bond purchases because the policy has failed to spur consumer prices and instead focus with the government on a wage target, according to a former central banker.

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