EghtesadOnline: As his term winds down, Bank of Japan Governor Haruhiko Kuroda has retreated from both the radical policies and rhetoric of his early tenure, suggesting there will be no further monetary easing except in response to a big external shock.

EghtesadOnline: Tranquility that has enveloped global markets for more than two months was upended as central banks start to question the benefits of further monetary easing , sending government debt, stocks and emerging-market assets to the biggest declines since June. The dollar jumped.

EghtesadOnline: Stark divisions in the views of Bank of Japan board members were highlighted on Monday, with some defending unlimited easing of monetary policy and others arguing the BOJ had done enough – to the point of driving big market swings and sapping bond market liquidity.