The latest from Moody’s on Japan
– Government’s latest stimulus measures have failed to offset structural headwinds to economic growth
– Recent economic trends suggest that Japan will likely engage in further monetary easing and re-examine its fiscal policy, including a possible shift away from the prevailing emphasis on fiscal consolidation
A dour assessment for Moody’s. Difficult to argue with them.
Moody’s say Japan’s structural headwinds to economic growth remain persistent
