Is BOJ’s Stimulus Freeze a Sign Abenomics Has Failed?
The Bank of Japan refrained from bolstering its record monetary stimulus as policy makers gauge the impact of the negative interest-rate strategy they adopted in January. Governor Haruhiko Kuroda and his board kept the target for increasing the monetary base unchanged, and left their benchmark rate at minus 0.1 percent, the BOJ said in a statement on Tuesday. Japan Macro Advisors Chief Economist Takuji Okubo discusses with Bloomoberg’s Manus Cranny and Anna Edwards on “Countdown.”
Most Recent Videos
South32 CEO Kerr Says Company Had Strong Production Year
09:04 - South32 CEO Graham Kerr discusses the company's performance and talks about his outlook for commodities. He speaks on "Bloomberg Markets: Middle East." (Source: Bloomberg)