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Re: gldtimer post# 3254

Monday, 05/02/2016 2:15:47 AM

Monday, May 02, 2016 2:15:47 AM

Post# of 4668
BoJ watching the Nikkei continue its downward slide as they assess the implementation of negative rates before deciding to act. When you have three arrows in your quiver the options are limited;
The three arrows of Abenomics:

The monetary arrow: expansion of the money supply to combat deflation
The fiscal arrow: increased government spending to stimulate demand in the economy
The structural arrow: structural reforms to make the economy more productive and competitive.

Next move by the BoJ? " wait and see"

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