Corporate Japan unimpressed with BOJ's latest attempt to spur growth - Reuters poll



Japan Inc has little faith in the central bank's latest shift in monetary policy, with companies saying it won't generate long-desired inflation, spur further business investment or have an impact on the economy.
The findings of the Reuters Corporate Survey - the first broad survey on Japanese companies' reaction to the policy change - suggest a long road ahead for Prime Minister Shinzo Abe as he seeks to pull an economy out of more than 15 years of deflation and stagnation.
More than 80 percent of firms said last month's overhaul in policy - one that targets the bond market's yield curve... read more

 
18 October 2016 in Business, Views: 45
Source: Reuters
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