Meanwhile, In Monetary Policy Neverland

Meanwhile, In Monetary Policy Neverland

If you wanted to adopt Kuroda's penchant for optimism (or, as he puts it, "positive attitude and conviction"), you could conceivably argue that the BoJ's fourth straight cut to the inflation outlook is good news as it suggests a "hawkish" surprise is not in the cards, especially in light of the cloudy global growth outlook. But that kind of begs the question - at this point, the bank's "very powerful" characterization of its various easing measures has become a standing joke. If what you're tal
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