Abe’s Japan Stimulus Plans in Jeopardy, Weinberg Says: Tom Keene

Japanese Prime Minister Shinzo Abe’s plans for expanded monetary stimulus may be blocked by opposition-party resistance to his central-bank nominee, according to Carl Weinberg, founder of High Frequency Economics.

“The new government in Japan, and the new Bank of Japan governor, clearly want to do what’s called extreme quantitative easing, just really pump the money in there,” Valhalla, New York-based Weinberg said in an interview on Bloomberg Radio’s “Surveillance” with Tom Keene. “It’s not clear they’re going to be able to get the job done.”