Japan LDP’s Kishida: Cannot alter monetary easing, fiscal stimulus immediately

The changes to Japan’s monetary and fiscal policies cannot be made immediately, said the ruling Liberal Democratic Party (LDP) Policy Chief Fumio Kishida in a statement on Tuesday.

Additional comments

“Trickle-down effects have not been felt under Abenomics, disparity remains.”

“Abenomics has focused on first two arrows.”

“Abenomics dependent on negative rates, fiscal stimulus.”

“Bold monetary, fiscal measures must be pursued as recovery not felt yet.”

“Bold fiscal spending must be adopted.”

“Will pursue fiscal balancing at a later point in time.”