BOJ should ease if 2017 planned tax hikes damage economy – Japan’s Hamada

FXStreet (Mumbai) - Japanese PM advisor Hamada was on the wires today stating that the Bank of Japan (BOJ) should be ready to act if the planned tax hike in 2017 damages the economy.

Hamada added that the BOJ could hold fire and gauge the impact of china stock markets before deciding any move. He is of the view that Japan should proceed with 2017 planned sales tax hike and should help low income people.