Japan Fall: Japan and Bank

japan fall: DW recommends Bank of Japan scraps inflation target Japan central bank has had to admit that its goal of pulling the nation out of its deflationary spiral is not achievable during the term of the lender current governor, according to Deutsche Welle. The announcement is a blow to Abenomics. 01.11.2016 Consumer prices in Japan fall for seventh straight month Long stuck in a battle against deflation, signs are not good for the world third largest economy. This easily exceeded expectations for a 0.2 percent growth rate in quarter three, in large part due to exports. There are calls for the Bank of Japan to push back their inflation target. 28.10.2016 Bank of Japan launches fresh inflation push The BOJ has announced an overhaul to its monetary policy in hopes of shoring up its sputtering economy. Abe mix of monetary easing, government spending and red-tape slashing weakened the yen and caused stocks to rise, making exports more inviting, especially in Europe. The new strategy sidelines years of loose monetary policy, which did little to pull the country out of its funk. 21.09.2016 Japanese Prime Minister Shinzo Abe introduced spend-for-growth policies after coming into office in 2012. (news.financializer.com). As reported in the news.