Episode Details
Back to Episodes
UBS On-Air: Paul Donovan Daily Audio 'Great expectations'
Published 1 year, 9 months ago
Description
The Bank of Japan did exactly what the Nikkei said it would. The only surprise was that two members of the policy committee appear not to have read the article, and disobeyed by dissenting. The Bank of Japan has had more internal dissent than the Federal Reserve in the past 18 months. Dissent between economists is perfectly natural.