IMF Japan Mission Chief: Side-effects of BoJ’s ultra-easy policy not big enough to outweigh benefits
The International Monetary Fund (IMF) Japan Mission Chief is on the wires now, via Reuters, making some comments on the Bank of Japan’s (BoJ) monetary policy and next year’s sale tax hike.
Welcomes Govt efforts to face econ volatility from next year’s sale tax hike.
Spending to ease tax hike pain should target low-income households, be temporary.
Side-effects of BoJ’s ultra-easy policy not big enough to outweigh benefits.