I just posted on JPM saying an 'emergency' Bank of Japan meeting may be called
No sooner do I poo-poo the idea than we get this
Bloomberg carrying the headline - I'll track down the Wall Street Journal piece
...
Here we go:
A close adviser to Prime Minister Shinzo Abe said Friday that the Bank of Japan may call an emergency meeting to undertake additional monetary easing if financial markets remain turbulent.
Etsuro Honda, a former finance ministry bureaucrat, said the government needs to delay a sales-tax increase scheduled for next year and should consider an additional fiscal stimulus package.
Mr. Honda's remarks, made during an interview with The Wall Street Journal,
