It tends to make me nervous when central bankers answer a question no one is actually asking right now.
Anyway, Bank of Japan board member Adaci, reported in the Japanese press (Mainichi)
- BOJ will control interest rates, avoid one-sided rises to prevent collapse in Japan's finances
- too early for any talk of fiscal discipline, now is the time to ramp up fiscal spending
- the priority now is to avoid destabilising of Japan's financial system
