- The global central bank community may be fascinated by the revolution in Japanese monetary policy, but the response has been uncoordinated and other bank chiefs are reluctant to follow in the BoJ’s footsteps.
- The WSJ’s Japan Realtime blog gives some nice insight into how “Mr. Kuroda came out swinging in a press conference after his first policy-board meeting” toting colourful props and “muscular adjectives”.
- Gavyn Davies thinks Kuroda’s strategy is inherently risky, but “it has a reasonable chance of success, via its impact on financial markets, and on inflation expectations.”
- Poorer parts of the US are struggling to keep open their vital aviation links.
- A power struggle is gripping Iran ahead of the election in June and President Mahmoud Ahmadi-Nejad is not going quietly.
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