• Bank of Japan board member Harada: There could be a big impact from sales tax hike

Notícias do Mercado

6 março 2019

Bank of Japan board member Harada: There could be a big impact from sales tax hike

  • Government is planning sales tax hike for fiscal reform, revenues

  • Doesn't think sales tax hike alone will push the economy into recession

  • Hard to measure inflation expectations

  • Downside risks are rising

  • BOJ will take action if risks to price target materialise

  • Will ease further if risks threaten price target

  • Not expecting economic recession now

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