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

Notícias do Mercado

18 fevereiro 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

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