Have not heard any concerns that BOJ is underwriting Govt debt – Japan’s FinMin Aso

Japanese Finance Minister Aso defended BOJ Governor Kuroda in parliament today, noting:

Have not heard any concerns at G20 or other international meetings that BOJ is underwriting govt debt

BOJ easing policy is based on its own judgement

Mar 31, 2016

BOJ’s Kuroda says not conducting monetary policy to underwrite Govt debt

Comments from BOJ Governor Kuroda crossing the wires yet again, as his speech to the upper house financial affairs committee continues.

The third wave of deflation is over – Fidelity

Dominic Rossi, Global Chief Investment Officer at Fidelity International, suggests that the developed economies have stood up well to the latest wave of deflation emanating from emerging economies that has seen a combined volume and price shock depress global trade and output.