News Headline Summary
Bank of Japan's governor Shirakawa says markets moves one of the most important sources of information for central banks
- Must avoid markets' over-reaction to monetary policy expectation.
- Central bank should respect markets but should be willing to stand up to markets.
- BoJ's commitment is to aggressive easing is on condition there is no significant risk to sustainability of economic growth such as buildup of imbalances.
02 Dec 2012 - 22:46
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