Bloomberg Markets and Finance published this video item, entitled “Bank of Japan Policy Tweak Could Be First Step Towards Exit: Prof. Ito” – below is their description.
Takatoshi Ito, professor of the School of International and Public Affairs at Columbia University Business School and a former senior official at the Japanese finance ministry, discusses Bank of Japan’s policy. The central bank on Tuesday shocked markets by unexpectedly revising its yield-curve-control policy. Ito, a contender to replace Governor Haruhiko Kuroda in April, speaks with Haidi Stroud-Watts, Shery Ahn and Kathleen Hays on “Bloomberg Daybreak: Australia.”
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About This Source - Bloomberg Markets and Finance
Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Australia, officially known as the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. It is the largest country in Oceania and the world’s sixth-largest country by total area.
Japan is an island country in East Asia located in the northwest Pacific Ocean. Part of the Pacific Ring of Fire, Japan comprises an archipelago of 6,852 islands covering 377,975 square kilometers (145,937 sq mi); the country’s five main islands, from north to south, are Hokkaido, Honshu, Shikoku, Kyushu, and Okinawa. Tokyo is Japan’s capital and largest city.
Japan is divided into 47 administrative prefectures and eight traditional regions. The Greater Tokyo Area is the most populous metropolitan area in the world, with more than 37.4 million residents.
Japan is a great power and a member of numerous international organizations, including the United Nations (since 1956), the OECD, and the G7. Japan is a leader in the automotive and electronics industries.
