Not reaffirming the principle of central bank independence when it is visibly under strain in the U.S. sends the wrong message. japantimes.co.jp/commentary/20… #commentary #japan #boj #interestrates #japaneseeconomy #kazuoueda #monetarypolicy
Silence won’t protect the Bank of Japan’s independence
Why then does silence persist? Because in today’s institutional environment, speaking carries visible political risk, while silence carries little immediate cost.Kumiharu Shigehara (The Japan Times)