Economists warn that the full impact will depend on whether the newly-imposed lighter measures are enough to rein in the spread of COVID-19.
For Yuko Takeo's latest contributions to The Japan Times, see below:
China’s crackdown on Hong Kong has raised hopes Tokyo may be able to compete as a financial hub, but the numbers still don't work in Japan's favor.
Slumping energy costs and record virus cases that kept shoppers home darkened the recovery outlook, delivering sales declines that doubled analysts' forecasts.
Many economists expect the dollar-for-dollar impacts of stimulus measures to typically decrease as time passes from a crisis or recession.
With Cabinet support falling amid the uptick in COVID-19 cases, he needs to balance the need to support growth against the risk of spreading the virus.
A key ruling party lawmaker said an extra budget being drafted now may not be the end of Japan’s stimulus spending this fiscal year given the uncertainty surrounding the spread of the coronavirus. "There are a lot of possibilities,” said Keisuke Suzuki, who heads the ...
One of Suga’s economic advisers says the government needs to spend ¥40 trillion in its third extra budget to stop a surge in unemployment and prevent the suffering that would come with it.
"What’s key for the Japanese economy now is whether we can strengthen our growth strategy and conduct reforms," said Mitsumaru Kumagai, chief economist at Daiwa Institute of Research Ltd.
Gross domestic product grew an annualized 21.4% in the three months through September from the previous quarter, expanding at the fastest clip since 1968.
Economists see gross domestic product jumping at an annualized pace of 18.9% in the three months through September, helped by improved trade with the United States and China.