World & BusinessThe case for ending Japan's reflationary policy
The Japan Times reports that Growth Strategy Minister Minoru Kiuchi says Japan no longer needs aggressive monetary easing and nimble fiscal spending.
TLDR
The Japan Times reports that Growth Strategy Minister Minoru Kiuchi believes Japan has exited its reflationary phase and no longer needs aggressive monetary easing and nimble fiscal spending. The paper describes him as one of the Cabinet's most aggressive reflationists and says his comments followed renewed weakness in the yen and further gains in government bond yields.
The case for ending Japan's reflationary policy
The Japan Times reports that Growth Strategy Minister Minoru Kiuchi says Japan no longer needs aggressive monetary easing and nimble fiscal spending.
TLDR
The Japan Times reports that Growth Strategy Minister Minoru Kiuchi believes Japan has exited its reflationary phase and no longer needs aggressive monetary easing and nimble fiscal spending. The paper describes him as one of the Cabinet's most aggressive reflationists and says his comments followed renewed weakness in the yen and further gains in government bond yields.