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Ex BOJ DepGov Nakaso (a front runner to replace Kuroda) urges removal of emergency support
Via Reuters comes this on former Bank of Japan (BOJ) Deputy Governor Hiroshi Nakaso.
- Says central banks must remove emergency support measures once financial crises are over to avoid causing moral hazard in the market
- "This moral hazard must be removed once the crisis is over, though this is easier said than done because it's a contradictory issue," Nakaso said in a seminar hosted by the University of Tokyo and International Monetary Fund on Thursday
- "Crisis manage... Read More
Posted: Nov 17 2022, 04:06
Author Name: forexlive
Views: 092156