Mises Wire
Author:
Brendan Brown
Online Publish Date:
Japan is now on its way to leaving the 2 per cent inflation standard, having been the last to join (in 2013). Accordingly, the Bank of Japan has scrubbed from its latest policy statement (end-April) all promise that the target will be met by any given time-line. The apparent indefinite postponement could be deceptive. BoJ Governor Kuroda may