https://www.scmp.com/rss/323362/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com On Wednesday, the once-conservative Bank of Japan delivered an uncharacteristic policy surprise with its plan to target certain interest rates. I suspect that, at this stage, the central bank would have been much better off sticking to something closer to its traditional caution. Historically, the Bank of Japan hasn’t been at the forefront of experimental monetary policy. This was the case under Masaaki Shirakawa, the prior governor, who resisted being pulled into aggressive innovation and... https://www.scmp.com/business/article/2021592/boj-experiments-wrong-time-mohamed-el-erian?utm_source=rss_feed https://www.scmp.com/business/article/2021592/boj-experiments-wrong-time-mohamed-el-erian?utm_source=rss_feed Thu, 22 Sep 2016 04:59:06 +0000