Bank of Japan governor Haruhiko Kuroda has revealed the inspirational force behind the central bank’s unprecedented monetary stimulus: Peter Pan.
In opening remarks at a two-day conference on monetary policy, Mr Kuroda said the power of conviction was among the best tools in a policy makers’ kit.
“I trust that many of you are familiar with the story of Peter Pan, in which it says, ‘the moment you doubt whether you can fly, you cease for ever to be able to do it’,” he said.
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