BOJ Deputy Governor: Fiscal Concerns Must Not Override Price Stability Mandate
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LN24 / 7 months
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- 2 min read
The Bank of Japan must ensure that fiscal concerns do not override its primary mandate, Deputy Governor Shinichi Uchida stated on Saturday. Uchida emphasized that the central bank should clearly avoid monetizing government debt by keeping fiscal priorities from interfering with its objective of maintaining price stability. While central banks theoretically have the ability to […]