SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russwinter who wrote (65190)7/4/2006 12:05:59 PM
From: booyaka  Read Replies (1) of 110194
 
Russ in your blog, you wrote "as they earlier gave distinct guideposts for their policy actions that have since been breached". I disagree with this. On March 9, when the BOJ announced the end of quantitative easing, Fukui laid out a roadmap for policy normalization. They have not deviated from that roadmap and even if they stand pat next week, they still will not have deviated from it. I agree with the guy you quoted saying the BOJ will lose credibility if the cave to gov't pressure but they still have quite a bit of leeway before they are seen as caving. I believe that the BOJ takes its independence very seriously and would not let that happen.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext