News Headline Summary
Japan's LDP leader Abe indicated he would consider asking the Bank of Japan to directly buy the nation's construction bonds if he becomes the next prime minister, according to Kyodo
- Abe said he will choose someone who is in favor of inflation targets as next BoJ governor.
- Of note, Abe stressed call for bold monetary easing and says he will consider changing BoJ law last week. He called for "unlimited'' easing and a firm inflation target of 2% to 3%, rather than the 1% "goal'' the central bank has now.
23:34, 18 Nov 2012 -
Subscribe Now to RANsquawk
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2130 London time
Teams of analysts covering equities, fixed income, FX and energy markets
Real-time scrolling news service
Daily and weekly pre-market research and calendars
Intra-day market update videos
Daily technical analysis