Analysis details (08:30)
- In a speech made earlier in the week, Abe called for "unlimited'' easing and a firm inflation target of 2% to 3%, rather than the 1% "goal'' the central bank has now.
- In the same speech, Abe said the Bank of Japan should lower what it pays commercial banks to park their money there to zero or even negative territory in order to stimulate lending, and called for an increase in military spending to "maintain the power balance with China.''
16 Nov 2012 - 08:26 - - Source: Newswires
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: