BOJ Wakatabe Warns Against Pricking Bubbles With Monetary Tightening | 6/27/2018 | Staff
nallynally (Posted by) Level 4
TOKYO (Reuters) – Bank of Japan Deputy Governor Masazumi Wakatabe said on Thursday that trying to prick asset-inflated bubbles with tighter monetary policy could tip economies into a serious recession.

Instead of trying to pre-empt asset bubbles, central banks should focus on taking quick and sufficient...
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