Committee recommends monetary policy freedom for the BoJ
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- Princes of the Yen whole source · open book
In 1958, it recommended that the BoJ should have freedom to decide monetary policy, while MoF would only be able to request a delay of a BoJ decision. It also recommended that price stability should become the main objective of BoJ policy.
chapter: 6. The First Bid for Central Bank Independence
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- Richard Werner author of the source