What potential changes to fiscal policy were discussed in relation to the sales tax?
BOJ Holds Rates Steady, Sets Path for Further Stimulus
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The transcript discusses the support for Governor Kuroda and the potential for further easing by the Bank of Japan. It highlights the negative rate policy's unpopularity and its impact on the yen. The discussion also covers the fiscal policy, particularly the sales tax hike's effect on Japan's economy, and the influence of economist Joseph Stiglitz on policy decisions.
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3 mins • 1 pt
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What impact did the sales tax hike in 2014 have on Japan's economy?
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