BoJ’s Nishimura: Central Banks Can Now Apply Conventional Means More Effectively

(RTTNews) - Bank of Japan Deputy Governor Kiyohiko Nishimura said ending unconventional measures is not a sign of a change in the central banks’ stance. “Rather, this is the sign that central banks can now use conventional means more effectively to pursue current monetary policy,” Nishimura said in global financial conference in Florida on November 2.

He said, “As the immediate threat subsides and the hurricane shelters are removed, nobody assumes that that is the end of public efforts to rebuild the devastated community. This is exactly the same for central banks’ unconventional measures.”

Further, he said unconventional measures should be explicitly temporary and the wind-down shall be carefully arranged, in some cases step by step, to avoid possible transitional problems as much as possible.

For comments and feedback: contact editorial@rttnews.com

Posted in Categories: Economy, Japan, Releases.

If you like this article please...

Subscribe by RSS Subscribe by Email

Email This Post To A Friend

Commodities The Dirty Little Secrets Of Warrants, Options & LEAPS Interesting Articles To Read The Forgotten Commodity - Rice Commodity Investing: ETFs Or Mutual Funds? John Paulson Launching A Gold Fund With $250M Of His Own Money Profit From The Falling Dollar With ETFs Wheat Playing Catch-Up As Commodities Rally Regulators And Commodity ETFs: Why They’re Evolving Why Gold Will Surge To A Record $2,000 In 2010 The Great Geopolitical Battle Over Energy Transit Routes Read More »	Financials Buffett Borrows For Rail Acquisition Investment Ideas: Here Are 3 Dirt Cheap Stocks Treasury To Auction TARP Warrants Dear Reader, We Cannot Criticize Goldman Sachs. Instead, We Admire It 2010 Outlook For The US Banking Industry Get Rid Of Your General Electric Shares Tufts Endowment And Risk Taking? Regional Bank ETFs: The Bad And The Good Tim Geithner And Congress Take The Gloves Off GAO Report Boosts Fortunes Of Credit Card Companies Read More »	Exchange Traded Funds What You Should Know About Precious Metals ETFs And Taxes Main Street Vs. Wall Street: Using ETFs To Capitalize Why You Should Watch This Leisure & Entertainment ETF Biotech Investing: Spread Your Risks With ETFs Are You Going For Yield With Your ETFs? Rydex Market Timers: At It Again Is An Asset Bubble Forming In Hong Kong’s ETF? Senior Secured Floating Rate Bonds: The Best Investments To Own When Interest Rates Rise KBW Regional Banking ETF: Fundamentals Are Stinky, But The Chart Looks Great Gold ETFs - Will The Record Rally Last? Read More »
Stocks 3 Steps To Becoming A More Successful Trader The Transportation Sector: Here Are Three Investments In A Sector That Are Ready To Soar Stock Market Briefs: DR Horton, Dell, JM Smucker Nordstrom - Momentum Stock Buy Stocks To Watch On Friday Comcast-NBC Universal Deal To Change Comcast’s Business Model India Stock Market: Renewed Buying Bolsters Markets India Stock Market: Sensex Up 236.20 Points On Friday Latest “Disastrous” US Housing Data Doesn’t Support Homebuilder Stocks Stock News Briefs: AOL To Cut One-Third Of Workforce; DirecTV Won’t Rule Out Possible Takeover Read More »	Forex Forex Wrap-up: A Massive Short-Covering Rally In The US Dollar May Just Be Starting Australian Dollar: Caution Canadian Dollar: Caution “Audit The Fed” Bill Moves Along USD/JPY Pushing Against The 100 Hour Moving Average At 89.11 Swiss Franc: The Downside Prevails Japanese Yen: Under Pressure British Pound: The Downside Prevails Euro: Under Pressure Cartoon: The Shrinking US Dollar Read More »	Economy The Message Of The 2-Year US Treasury Note, Deflation And Japan Why Investors Should Look To Japan Again Bond Sentiment: Treasury Yields May Drop LA Shipping Reaches Highest Level Since Nov. 2008 Velocity Of US Money Supply At Long Last Picking Up US Government Debt: The Actual And Hidden Costs Are Rising Every Day Five Reasons Why China Is Not A Bubble Cartoon: Great Wallet of China Financial Crisis Brings Big Pain At Small Firms No Inflation? Students In University Of California Will Disagree Read More »