Japan will not be resorting to helicopter money via perpetual bonds any time soon

Author: Mike Paterson | Category: News

So say Japanese govt and CB sources of Reuters 14 July

  • adopting helicopter money in strict sense is impossible prohibited under current law
  • no discussions have taken place within Japan's finance ministry on helicopter money

Story sends USDJPY lower but finding dip demand around 105.50 again after failing to breach good offers/res at 106.00 earlier

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