The end of the easy money era which spanned the global economy for the last decade came into even sharper focus on Friday as the Bank of Japan gave fresh insight into when it might slow its bond-buying program.
Governor Haruhiko Kuroda’s remarks that the central bank will start thinking about how to complete its unprecedented monetary stimulus around the fiscal year starting April 2019 was the clearest signal yet that a conclusion might be in sight to emergency support for the Japanese economy.