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JAPAN: Government and BOJ coordinate to stabilize business as outlook worsens

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On Friday, 22 May, the Bank of Japan (BOJ) held an emergency meeting – and BOJ Governor Haruhiko Kuroda issued a joint statement with Finance Minister Taro Aso for the first time in four years – as the BOJ braced for a renewed fight against deflation and the threat that a prolon...

 

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JAPAN: Government and BOJ coordinate to stabilize business as outlook worsens

On Friday, 22 May, the Bank of Japan (BOJ) held an emergency meeting – and BOJ Governor Haruhiko Kuroda issued a joint statement with