Ex-BOJ member says government must allay pension jitters before Japan can reflate economy

Dr. Sayuri Shirai, Professor at Keio University and former BOJ Policy Board member

First published by The Japan Times

Former Bank of Japan Policy Board member Sayuri Shirai says the central bank has done about all it can do to end the nation’s deflationary mindset.

More than four years ago it unleashed massive monetary easing, but taxpayers still doggedly …