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.

Update details:

- 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.

Print 23:34, 18 Nov 2012 - Asian News - Source: kyodo