Business / Economy Jun 19, 2014

BOJ exec shrugs off tax increase slowdown fears

A Bank of Japan policymaker Thursday shrugged off the possibility that the consumption tax hike on April 1 could significantly slow the economy, echoing the central bank's bright projections. "Although being affected by strong demand before and a decline following (the April 1 tax hike), ...

Business Aug 29, 2013

BOJ exec calls for trust amid tax hike talks

A Bank of Japan Policy Board member Thursday called for the need to secure market trust in Japan's fiscal health to fully exert the effects of monetary easing, apparently urging the government to proceed with its planned sales tax hike next year. "As our country's ...