How Bad did Markets Take BOJ's Stimulus Freeze?
Haruhiko Kuroda may have sprung one surprise too many. The Bank of Japan’s decision to hold off on adding stimulus to an economy that’s crawling along the bottom stunned markets Thursday, sending the yen surging and stocks slumping. It also left some analysts scratching their heads about the BOJ’s communications strategy and its ability to steer markets in the future. Reactions ranged from shock to frustration. One even described the central bank’s decision as mysterious. Gam Chief Economist Larry Hatheway discusses with Anna Edwards on "Countdown."
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