- BOJ should be responsible for price stability and job growth
- Bold monetary easing steps from the BOJ will undoubtedly correct the strong yen
- Never said that the BOJ should directly underwrite construction bonds, only said buying them from the market was an option
- Fiscal spending via public works must accompany monetary easing to pull Japan clear of deflation
- Japan cannot restore fiscal health whilst in deflation, as tax revenues won’t rise
Reuters headlines