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Ex BOJ DepGov Nakaso (a front runner to replace Kuroda) urges removal of emergency support

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

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