Japan's tax, spending plan double-edged sword for central bank

[riky]

Japan's tax, spending plan double-edged sword for central bank

<p><a href="http://news.yahoo.com/japans-tax-spending-plan-double-edged-sword-central-210210844--business.html"><img src="http://l1.yimg.com/bt/api/res/1.2/TvU2lM2pqmSGRxbJPZ9lgw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-10-01T215921Z_1_CBRE9901P2Z00_RTROPTP_2_CBUSINESS-US-JAPAN-ECONOMY-BOJ.JPG" width="130" height="86" alt="File picture shows a pedestrian walking past the Bank of Japan headquarters in Tokyo" align="left" title="File picture shows a pedestrian walking past the Bank of Japan headquarters in Tokyo" border="0" /></a>By Leika Kihara TOKYO (Reuters) - The Japanese prime minister's policy mix announced on Tuesday of giving to the economy on the one hand and taking away with the other is set to complicate life for the central bank next year. It had already factored in an increase in the national sales tax to 8 percent from 5 percent from April 2014. Prime Minister Shinzo Abe confirmed the rise on Tuesday. ...</p><br clear="all"/>

Source: You are not allowed to view links. Register or Login