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Japan Showcases Central Bank Dangers When Debt Gets Massive

Japan Showcases Central Bank Dangers When Debt Gets Massive

Bloomberg17-06-2025
I'm Chris Anstey, an economics editor in Boston, and today we're looking at the risk of fiscal dominance. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren't yet signed up to receive this newsletter, you can do so here.
Central banks are generally supposed to focus on keeping prices stable, and for some of them, that's all they're charged with. When they appear to start targeting something else, economists say they're being 'dominated' by that other concern.
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