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Deputy Governor of the Bank of Japan: The Central Bank is facing challenges from unconventional easing tools.
Golden Ten Data on June 7, Bank of Japan Deputy Governor Shinichi Uchida said on Saturday that the unconventional monetary easing policies adopted by central banks after the 2008 financial crisis are bringing challenges to global central banks. Shinichi Uchida said that the central bank could theoretically print unlimited money to finance government debt, which made its large-scale bond purchases to stimulate the economy face subtle doubts. In his speech, Uchida said, "The key to determining whether monetary financing is constituted is whether monetary policy is constrained by fiscal considerations. ”