IMF staff warn BoJ against unconventional monetary policies
Fund staff recommend more conventional forms of stimulus
The International Monetary Fund has warned the Bank of Japan (BoJ) not to employ experimental new policies, even as it called for further fiscal and monetary easing measures.
The fund today (June 20) published the concluding statement of its Article IV health check of the Japanese economy, expressing concern at the waning efficacy of the 'Abenomics' medicine.
The IMF staff team say that, without significant structural reforms, both fiscal and monetary policy will have "very limited" room for
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