- Won’t delay tax rise on economic state (old news)
- Consumption stimulus must be targeted at low income groups
Just in case some of you are not clear, the stimulus being put forward is at government level not BOJ pumping so it’s unlikely to get the market excited once further details arise. There probably will be a reaction, like last nights corp tax news, but it won’t be as big as the BOJ pulling, or talking about pulling, the trigger.
