Fitch Ratings on Japan, summary headlines via Reuters
- Japan consumption tax rise helps medium-term fiscal consolidation
- very high public debt in Japan will remain a key credit weakness
- Japan government's ability to enact increase reflects relative political stability under Shinzo Abe's current prime ministerial term
- Japan's public debt dynamics have stabilised due to resumption of nominal gdp growth in recent years
- HIke signals government's confidence that economic growth momentum in japan is sufficient to sustain a higher consumption tax
- Expect overall japan GDP growth to slow after a strong 1h19, as external demand weakens due to slowing global growth and us-china trade war
- Expect Bank of Japan to maintain its ultra-loose monetary policy settings
- Says would not rule out further easing measures from BOJ if growth falters below their expectations
- Would not rule out additional fiscal stimulus from BOJ, possibly from a supplementary budget early next year, to counter cyclical headwinds
On that last one, likely a typo or something, its not the BOJ with fiscal stimulus, that'd be the government.