The CIO of Pictet Wealth Management, Cesar Perez Ruiz, believes that the Bank of Japan may turn towards more unconventional methods to stimulate growth, after April’s ‘inaction strategy’ backfired. Ruiz, in his latest outlook, expects to see more policy innovation from Japan’s central bank down the road. “To [lift growth and inflation], ” says Ruiz, “they will have to proceed by trial and…
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