Cracks appearing between Japanese premier, BOJ chief over fiscal target
Kuroda feels Japan cannot afford to delay tax hikes, while Abe focuses more on boosting growth to up tax revenues
Mon, Mar 23, 2015 - 5:50 AM
The rift between Mr Abe (left) and Mr Kuroda could blunt the impact of the Abenomics policies they have worked together to prosecute. Their differences over fiscal policy needed to cut Japan's staggering public debt have been masked by their shared determination to end deflation.
A RIFT is emerging between Prime Minister Shinzo Abe and his hand- picked central bank boss on how to fix Japan's tattered finances, which could blunt the impact of the "Abenomics" stimulus policies they have worked together to prosecute.