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The Bank of Japan should pursue "powerful monetary easing" to increase the chance of meeting its...

  • Tuesday, June 12, 2012, 2:24 AM ET
    The Bank of Japan should pursue "powerful monetary easing" to increase the chance of meeting its 1% inflation goal by 2014, says the IMF, urging the central bank to boost purchases of corporate bonds, equities, and highly-rated securitized loans to small- and medium-enterprises. Japan should also implement a consumption tax of at least 15%, higher than current proposals of 10%.
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    To meet its inflation target!!! Tokyo is already the most expensive city on earth. Do they want it to be the most expensive city in the Universe? The Japanese economy/finances are a total joke.
    12 Jun 2012, 06:25 AM Reply Like
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