“Fiscal Limits Won’t Hinder Monetary Policy Execution: Central Banks Ready to Deliver!”
Shinichi Uchida, the new Deputy Governor of the Bank of Japan (BoJ), recently stated that fiscal constraints will not undermine the country’s ability to carry out monetary policy. He confidently added that central banks will not default. At the time of writing, the USD/JPY is trading at 0.05% higher on the day at 134.50. Despite […]