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