Abe Aide Urges More BOJ Stimulus Soonest; Not With Key Rate

  • Nakahara says bond buying should rise 20 trillion yen a year
  • BOJ should ‘sound a signal gun’ with more stimulus, he says

Stephen Gallo: How Bank of Japan Can Help the Yen

An influential adviser to Prime Minister Shinzo Abe said the Bank of Japan should bolster monetary stimulus as soon as next week, but stick to its main tool of government-bond purchases for now rather than opt for a more-negative benchmark interest rates.

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