Japanese government adviser: Japan should consider extra budget to offset tax impact

Japanese government adviser Motoshige Itoh, Tokyo University Professor and member of the Council on Economic and Fiscal Policy:

• Japan should consider extra budget to offset tax impact of planned 2015 sales tax hike
• No need for BOJ to rush into more easing now
• Stimulus is the key to offsetting Japan’s sales tax impact

Speaking in an interview, headlines on Bloomberg