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Bank Of Japan Should Study Paul Volcker Era

Por: Forbes Business January 05, 2023

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As Federal Reserve chairman from 1979 to 1987, Paul Volcker took the maxim that a central banker’s role is “take away the punch bowl just as the party gets going” to the extreme.BRENDAN SMIALOWSKI/AFP via Getty Images It’s hard to think of a central banker who’s had a worse couple of weeks than Bank of Japan Governor Haruhiko Kuroda. On December 20, Kuroda’s team announced its first policy shift in several years. By all appearances,... + full article



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