Tuesday 23 September 2014

OECD backs Japan tax hike, more easy money

POLITICAL ECONOMY
OECD backs Japan tax hike, more easy money
Tokyo (AFP) Sept 22, 2014 - Japan should raise sales taxes again next year despite wobbles in the economy caused by the first rise, and the central bank should cushion the blow with more easy money, the OECD said Monday. The Bank of Japan must do more "beyond 2015" to support the world's number three economy, said Rintaro Tamaki, deputy secretary general of the Organisation for Economic Co-operation and Development (OE ... more


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