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Japan set for major stimulus, including 'helicopter drops' of money

Remarks by officials prep the ground for a combo of fiscal stimulus and monetary easing to wake up the economy
Wednesday, April 6, 2016 - 05:50

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Mr Kuroda says he will not hesitate to boost the BOJ's QE policy, or to push interest rates further into negative territory if the target inflation rate is under threat.

Tokyo

WITH the prospect of a renewed recession and a politically sensitive parliamentary election approaching, Japanese officials appeared on Tuesday to lay the groundwork for a fresh bout of monetary easing combined with fiscal stimulus for the world's third largest economy.

The

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