Haruhiko Kuroda: Kiyota and Stock Exchange

haruhiko kuroda: The central bank's purchases of exchange-traded funds are distorting the market, Japan Exchange Group Inc, according to The Japan Times. CEO Akira Kiyota said. Haruhiko Kuroda's policies have a surprise new critic the head of Japan's stock exchange. Kuroda's program of spending 6 trillion a year on the funds artificially depresses volatility, which keeps people from trading, said Kiyota, who was previously more supportive of the policy. ; It's not good in the long run, Kiyota said during an interview in Tokyo last week. While Kiyota's views are not unusual, what's strange is that he expressed them in public. If you keep buying 6 trillion a year, that means constant distortion. (news.financializer.com). As reported in the news.