Japan set to take synchronised monetary, fiscal policies to new levels: economists

Tokyo

MARKETS turned the spotlight last Friday on the Bank of Japan (BOJ) where performance fell short of expectations, and this week it is the turn of the government to step into the limelight with the expected formal announcement on Tuesday of a 28 trillion yen (S$367.5 billion) fiscal stimulus package.

This may also disappoint those expecting a strong solo performance, some economists say. But it is the "double act" - central bank plus government - that matters, say sources close to the process by which Prime Minister Shinzo Abe's economic policies have been evolving.