12 July 2016 at 3:03 GMT
Less than three weeks before the Bank of Japan’s next scheduled policy meeting, Governor Haruhiko Kuroda met with former Federal Reserve Chairman Ben Bernanke. Chris Anstey writes that the BoJ issued no statement on the substance of the talks, which come as the central bank confronts a fresh strengthening in the yen this year that risks undermining inflation and weakening the appetite for investment and wage increases. For Bernanke, offering views on Japan’s challenges and policy options is nothing new. He delivered a famous 2003 speech calling for greater cooperation between monetary and fiscal policymakers to defeat deflation and spur the economy.
Read full article at Bloomberg