Japan PM Abe’s coalition partner calls for shopping vouchers to boost economy

As per Bloomberg report, head of policy in Abe’s coalition partner Komeito party has called for shopping vouchers in economy proposals.

As per the report, issuance of deficit bonds is unlikely and till now there is no mention of the size of the stimulus package. Earlier today, Japan’s Suga said the government is working on a stimulus package.

 

Japan’s Suga – working with fiscal stimulus

A day after Bank of Japan’s (BOJ) Kuroda dashed hopes of helicopter money, Japan’s chief cabinet secretary Suga was on the wires informing markets tha
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USD/JPY unimpressed by fiscal stimulus talk

A batch of news highlighting details of possible fiscal stimulus plan has not impressed USD/JPY, which continues to trade comatose around 105.80 level
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