The Bank of Japan is working to communicate better with the public and investors just months after markets were gripped by turmoil blamed in part on poor monetary-policy signaling.
“There is no silver bullet in better communication. Each approach comes with pros and cons, and I would say that there is no clear consensus yet among board members about which approaches to pursue,” BOJ Deputy Gov. Ryozo Himino said during a speech at a conference hosted by Bloomberg in Tokyo on Thursday.
“After the August market turmoil, many commentators argued that the bank should have had better communication with market participants.”
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