• Bank of Japan former deputy governor Kikuo Iwata wants Japan to cancel the sales tax hike

Market news

18 February 2019

Bank of Japan former deputy governor Kikuo Iwata wants Japan to cancel the sales tax hike

  • inflation will miss the 2 percent target without stronger measures to boost consumption

  • there are few tools left to ease monetary policy further

  • cutting rates further could push some financial institutions into bankruptcy

  • Japan must boost fiscal policy

  • Fiscal and monetary policies need to work as one, so that more money is spent on fiscal measures and the total money going out to the economy increases as a result

  • Japan must commit to boost government spending permanently with money printed by the BOJ

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.