Japan's ultra-easy monetary policy hurt fiscal discipline, economists say

BOJ's share of JGB holdings rose from 13% to 54% over 10 years

20250116N BOJ

The Bank of Japan has been criticized for in effect financing the government's deficit bonds. (Photo by Akira Kodaka)

MOTOKI TAKAHASHI, Nikkei senior staff writer

TOKYO -- The Bank of Japan's long-term quantitative and qualitative easing measures since 2013 had the side effect of loosening fiscal discipline, 64% of respondents said in a new Nikkei poll of economists.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.