
Former Fed Chief Ben Bernanke Shares His Stimulus Insights with the BOJ
This week’s comic discusses the former speculation regarding the Bank of Japan (BoJ) potentially introducing new stimulus measures, including the idea of “helicopter money,” which involves the central bank directly supporting government borrowing.
Market speculation surrounding additional easing intensified last week after Bernanke informed Japanese Prime Minister Shinzo Abe that there are still opportunities for monetary policy adjustments.
A recent survey revealed that 85 percent of analysts anticipate that the BoJ will implement easing measures on July 29, coinciding with a fiscal spending boost that Abe is expected to announce this month.
On Thursday, Bank of Japan Governor Haruhiko Kuroda spoke about the need to stimulate Japan’s economy; however, it was later clarified that the interview took place in mid-June.
For more insights and weekly comics, stay tuned for updates.