News Headline Summary
Moody's says Japan's fiscal policy expansion could help in the short-term but leave the government with higher debt
- Japan would face negative credit implications if it cannot raise its potential growth rate.
- Delay in Japan's sales tax hike would be negative unless government cuts other spending.
- Rise in long-term JGB yields not large enough to be a concern.
Analysis details (11:00)
- These come after the election in Japan over the weekend, where new PM Abe was elected in with a large majority.
17 Dec 2012 - 10:56
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