Bank of Japan Governor Kuroda speaking from the 2017 BOJ-IMES Conference. His topic is "Monetary Policy: Lessons Learned and Challenges Ahead"
Headlines via Reuters:
- Uncertainty about the natural rate of interest makes it difficult for central banks to steer policy
- Natural rate of interest has declined in recent years, leading to unconventional monetary policies
- Monetary policy is not a tool for redistribution of wealth, mon pol is not well suited for dealing with inequality