Shadow Rate Shows Kuroda Falling Behind ECB in Policy Impact

  • Japan’s policy ‘has eased by less and more slowly’: Krippner
  • BOJ easing has not fed into real economy, says Bank of America

Shadow Gauge Shows BOJ Impact Waning

As Bank of Japan officials prepare to review the effectiveness of more than three years of unprecedented stimulus next month, at least one gauge suggests they are losing clout.

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