25 Jul 2016
BoJ will deliver additional stimulus this week - ANZ
Philip Borkin, Senior Economist at ANZ, suggests that there is reasonable speculation the BoJ will deliver additional stimulus this week in perhaps a coordinated effort with fiscal policy.
Key Quotes
“But one thing certainly doesn’t look on the agenda (for now at least) – helicopter money. Reiterating a message from earlier in the month, he actually noted that ‘helicopter money’ is “forbidden in developed nations – including Japan”. That’s pretty clear cut!”