Forget Japan’s Stimulus The Big Event Is The BoJRupert Hargreaves
Yesterday, Japan’s Prime Minister Shinzo Abe announced a much anticipated fiscal package designed to try and pull the country’s economy out of its multi-decade long economic malaise.
Prime Minister Abe’s fiscal package amounts to ¥28 trillion (Abe has said ¥27 to ¥28 trillion) or around 6% of GDP, which sounds chunky, but according to Frederic Neumann, co-head of Asian Economics Research at HSBC the actual . . .
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