Japan needs a double dose of monetary and fiscal stimulus, including further easing by the central bank next month, says Etsuro Honda, one of Prime Minister Shinzo Abe's economic advisers. Honda, one of the architects of Abenomics, Abe's economic policy based on "three arrows," said ...
Prime Minister Abe told Diet members he will make the decision on the consumption tax hike planned for April 2017 after “carefully” assessing current economic conditions.
A key economic adviser to Prime Minister Shinzo Abe who has been a strong advocate of monetary stimulus will become Japan's ambassador to Switzerland, according to a notice issued by the Prime Minister's Office on Friday. Etsuro Honda, 61, a former Finance Ministry bureaucrat who ...
The Bank of Japan should use a combination of a more-negative benchmark rate and enlarged asset purchases "sometime, before long" to help the economy, according to Etsuro Honda, an adviser to Prime Minister Shinzo Abe. "But maybe not next week," when the BOJ next meets ...
It could be difficult for the Bank of Japan to taper its record monetary stimulus before a planned sales-tax hike in 2017, and the government may need to compile a ¥2.5 trillion economic package to cushion the blow to households, an adviser to the ...
Japan's additional consumption tax hike planned for next year is a hard decision for Prime Minister Shinzo Abe to make, given a slowdown in the nation's economic recovery, one of his advisers said Wednesday. Etsuro Honda, a special adviser on economic affairs, also indicated the ...
Etsuro Honda, a key economic adviser to Prime Minister Shinzo Abe, denies stressing that one of the main goals of "Abenomics" is for Japan to build up a more powerful military and stand up to China, as reported by The Wall Street Journal.
Kyodo A special adviser to Prime Minister Shinzo Abe said Sunday the 3-point hike in the sales tax next April will cause a drastic decline in consumption and suggested that it instead be raised by 1 point a year for five years. "The economic structure is ...
Lawmakers are reluctant to reopen legislation on the sales tax rise, raising the bar for Prime Minister Shinzo Abe should he seek a shallower path of increases, according to one of his advisers. "They don't want to touch on this issue," Etsuro Honda, 58, a ...
