Japan at a turning point but liquidity risks loom, say panellists
BoJ asset purchases could create problems down the road
Japan's policy mix under ‘Abenomics' is likely to deliver the first turnaround in the country's economic fortunes for 20 years, panellists at an event in London said today, but liquidity could prove an issue.
Bank of Japan (BoJ) policy board member Takehiro Sato appeared on a panel at the Japan Securities Summit discussing the prospects for Japan's economy. He followed other BoJ speakers in recent months by saying - in a typically restrained fashion - that Japan is on a "moderate recovery trend"
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