On April 14th, 2016, during the conference with Governor Kuroda on Japan's fight against deflation, Professor Takatoshi Ito commented on policy moves for the BoJ in order to slow down the appreciation of the Japanese Yen, including expanding the already-record stimulus. His views highlighted the importance of the policy meeting on April 27th and 28th at BoJ. Professor Ito's comments can be found in Japanese and English below. Kuroda ally says BOJ should use easing now rather than later
Mentioned Faculty
Takatoshi Ito
- Associate Director of Research; Director, Program on Public Pension and Sovereign Funds
- Center on Japanese Economy and Business
- Professor (by courtesy)
- Finance Division
Takatoshi Ito is one of Japan premier economists. A professor at the prestigious University of Tokyo, he is the author or co-author of several books on the Japanese and global economy. He served in the Japanese government as Deputy Vice Minister for International Finance in the Ministry of Finance and was a member of Japan’s Council on Economic and Fiscal Policy. He has been a senior advisor in the research department of the International Monetary Fund and has taught at Harvard University and the University of Minnesota.