Press Releases
Professor Takatoshi Ito, Director of CJEB's Program on Public Pension and Sovereign Funds, Wrote the Article "Down Goes the Yen" for Project Syndicate
Professor Takatoshi Ito, director of CJEB's Program on Public Pension and Sovereign Funds, professor at the School of International and Public Affairs at Columbia University, wrote the Project Syndicate article "Down Goes the Yen." Professor Ito states in the article that, "Many argue that Japan’s attempts to boost the exchange rate are being thwarted by its own central bank, which remains committed to ultra-loose monetary policy. But the exchange rate is not part of the Bank of Japan’s mandate, and the main drivers of the yen’s depreciation are outside Japanese policymakers’ control."
Down Goes the Yen (Project Syndicate, 10/20/22)