Lab Work

Lab Work

It's not clear, to me anyway, why they bothered. I'm sure "BOJ watchers" spent the last five hours combing through the results of the bank's policy review in an effort to extract nuance and notables, but on a quick scan, it all seemed like tinkering. Tweaks to a never-ending experiment. Don't misconstrue that. Tinkering can be meaningful when it emanates from central banks. Sometimes, ostensible "tweaks" can trigger the butterfly effect. Maybe some of the tweaks unveiled by the BOJ on Friday
Subscribe or log in to read the rest of this content.

One thought on “Lab Work

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.