Japan may be on route for a 'soft' form of helicopter money
Sat, Jul 16, 2016 - 5:50 AM
TIME TO ACT?: With prices falling on soft consumption and inflation expectations weakening, the BOJ could justify further stimulus as a necessary step to reach its 2 per cent inflation goal.
JAPANESE policymakers, who won't go as far as funding government spending through direct debt monetisation, might pursue a mix of aggressive fiscal and monetary expansion to battle deflation, say sources familiar with the matter.