Susumu Takahashi is a member of the government's economic and fiscal policy council. He says "The economy doesn't need a stimulus package right now"

  • "There's no reason for a supplementary budget"
  • Properly targeted spending within the regular budget is sufficient
  • "I personally want the government to make firm progress on structural reforms"

This via Bloomberg, more here

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Takahashi may very well have a point ... Japan's Cabinet Office assesses Japan's potential growth rate at 0.8 percent, while real growth in GDP was 1.2% in the fiscal year through March 2017.