Japan's Abe says difficult to restore fiscal health while still in deflation

Author: Justin Low | Category: News

Japanese prime minister Shinzo Abe speaks in parliament

At the start of the year, they were contemplating about calling an official end to deflation. Look where we are now.

While Kuroda and co. are they doing what they can to with regards to monetary policy, they also need support from the government to make sure the fiscal side of things aren't going to burden the economy further.

But it's not like they can do much anyway, when there doesn't seem to be much improvement in the inflation outlook since what feels like almost forever now.

Here's some light reading on what is shaping up to be a quiet session.

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