BOJ's Shirakawa Warns of Central Bank Balance Sheet Exuberance

Published May 27th, 2009 - 06:26 GMT
Al Bawaba
Al Bawaba

Bank of Japan Governor Masaaki Shirakawa said central banks throughout the world should ensure that their balance sheets stay within a reasonable health level. "In times of crisis, a central bank attempts to provide liquidity aggressively asometimes with taking some credit risk," Shirakawa said in a speech given in Tokyo today.