Japan likely to time further fiscal, monetary easing with G-7 meetings

Tokyo

JAPAN appears set to go into this weekend's summit of G-7 finance ministers and central bank governors in the Japanese city of Sendai with both fiscal and monetary guns firing, and could blaze a trail for other G-7 members in terms of stepping up fiscal stimulus.

Far from accepting criticism that the package of economic policies bearing his name and known as Abenomics has "failed", Prime Minister Shinzo Abe's government is likely to use the Sendai meetings as a platform for announcing more of the same.