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Bank of Japan Governor Haruhiko Kuroda refused in 2013 to water down the central bank's commitment to attaining 2 percent inflation in "about two years," brushing aside worries among some board members about the ramifications of missing the target, minutes of the meeting show.
The Bank of Japan put up a fierce struggle to retain its autonomy in 2013, when the government was pushing a radical monetary easing policy, recently disclosed records show.
At his first Policy Board meeting after becoming governor of the Bank of Japan, Haruhiko Kuroda left no one in doubt about his intention to pursue an ultra-loose monetary policy.
By Leika Kihara TOKYO (Reuters) - Some Bank of Japan (BOJ) policymakers baulked at former chief Haruhiko Kuroda's idea of deploying a "bazooka" massiv...
By Leika Kihara TOKYO (Reuters) - Some Bank of Japan (BOJ) policymakers baulked at former chief Haruhiko Kuroda's idea of deploying a "bazooka" massiv...