Bank of Japan Governor Haruhiko Kuroda on Friday denounced an economic philosoph...
FILE PHOTO: Bank of Japan Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan June 20, 2019. REUTERS/Kim Kyung-Hoon
NEW YORK - Bank of Japan Governor Haruhiko Kuroda on Friday denounced an economic philosophy that encourages the use of government spending as a primary policy tool to boost employment. Speaking on a panel at an academic conference in New York, Kuroda said he disagrees with Modern Monetary Theory . He did not discuss his economic or monetary policy outlook directly.
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