Hayami tightens monetary policy as the economy recovers

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• Princes of the Yen whole source · open book

  To this type of argument, Governor Hayami countered in May 2000: “When the economy recovers, as is now happening, it might well be the case that efforts for structural reform might be neglected due to a sense of security.”39 That was his justification for tightening monetary policy again in 2000.

  chapter: 14. The Goal of Monetary Policy

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• Richard Werner author of the source

Appears in 2 stories

• Princes of the Yen: Japan built, bubbled, and broken step 294
• Quantitative easing begins in Japan step 14

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