Bank of Japan Governor Haruhiko Kuroda rejected an idea gaining traction in some...
TOKYO - Bank of Japan Governor Haruhiko Kuroda rejected an idea gaining traction in some U.S. circles that governments can spend more aggressively without causing hyper-inflation, adding that Tokyo’s economic policies are nowhere close to the concept.
“It’s wrong to assume there will be no hyper-inflation even if you boost fiscal spending recklessly, as long as it’s financed by the central bank,” Kuroda told Japan’s parliament on Thursday. Some fans of MMT have cited Japan as a success case, saying Tokyo has been able to boost fiscal spending without causing inflation as the central bank keeps the government’s borrowing cost ultra-low through its massive stimulus program.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
BOJ board debated pros, cons of more easing at March meeting: minutesBank of Japan policymakers remained divided on how quickly to ramp up stimulus t...
Baca lebih lajut »
Asian shares flatline after Fed's neutral messageAsian markets marked time on Thursday with two major centers - Japan and China -...
Baca lebih lajut »
The imperial succession highlights Shinto’s muddled status in JapanThe number of Shinto priests has dropped drastically, from 88,192 in 1997 to 71,142 in 2017
Baca lebih lajut »
Cheers and screams as new Japan emperor greets the people for the first timeCheers and screams filled the air in Tokyo on Saturday as new Japanese Emperor N...
Baca lebih lajut »
Japan April services PMI slips as new business growth slowsActivity in Japan's services sector expanded at a slightly slower pace in A...
Baca lebih lajut »
SoftBank Corp to spend $4 billion to up Yahoo Japan stake, sees profit rising 24 percentJapanese telco SoftBank Corp said on Wednesday it would spend $4 billion to up i...
Baca lebih lajut »
SoftBank plays its shell games with Yahoo JapanMasayoshi Son's conglomerate is shifting a $4 bln stake in the internet portal to its recently-listed Japanese telecom unit. There is strategic logic in the move, but the financial benefit for shareholders on both sides is blurry. It's a prime example of Son's opaque dealings.
Baca lebih lajut »
N. Korea launches 'barrage' of short-range missiles into the Sea of Japan: OfficialsNEW: Pres. Trump tweets response to North Korea's short-range missile launch: 'Anything in this very interesting world is possible...He also knows that I am with him & does not want to break his promise to me. Deal will happen!'
Baca lebih lajut »
N. Korea launches 'barrage' of short-range projectiles into the Sea of JapanNorth Korea launches 'barrage' of short-range projectiles into the Sea of Japan, American and South Korean military officials confirmed to ABC News on Friday evening.
Baca lebih lajut »
Japan fashion tycoon says selling valuable paintings, has no moneyJapanese fashion tycoon Yusaku Maezawa said he plans to auction off artworks wor...
Baca lebih lajut »