Monday, June 10, 2019

BOJ Has Enough 'Ammunition'

More figurative language... no different from what the MMT people are doing all the time...

Kuroda Says BOJ Has Enough Ammunition, Wary of Side Effects:
Asked if the BOJ still has the capacity to do "something big," Kuroda said: "I think so.” He cited four policy options: cutting the -0.1% negative rate further, lowering the target for 10-year yields, increasing the monetary base or boosting asset purchases.