Shinichi Uchida, is the Bank's executive director in charge of monetary policy. While not on the policy board he plays a substantial role in developing policy. His term recentl;y finished and he was reappointed.

  • Japan's low interest rates are reflection of its low economic growth, subdued inflation
  • it's true BOJ's monetary policy is partly behind low long-term, super-long yields
  • BOJ's analyses have shown excessive decline in super-long yields would have negative impact on economy
  • BOJ's monetary easing has helped create jobs, prop up economic activity
  • benefits of BOJ's easy policy have spread across Japan's economy