Central Bankers Want Governments to Lend a Hand

Three of the world’s top central bankers used the stage of a monetary policy conference to defend their strategies and call on governments to do more to boost growth.

Haruhiko Kuroda, governor of the Bank of Japan, reiterated on Saturday that the effects of monetary easing are working through the economy and price trends are improving. Mario Draghi, president of the European Central Bank, urged governments to step up structural reforms. And Stanley Fischer, vice chairman of the Federal Reserve, defended stimulating the U.S. economy to counter low inflation.