
“Mr Abe’s Liberal Democratic Party (LDP) won a landslide victory on Sunday, securing a two-thirds ‘super-majority’ in the Diet with allies that can override senate vetoes. Mr Abe said he would ‘set a policy accord’ with the Bank of Japan for a mandatory inflation target of 2pc, backed by ‘unlimited’ monetary stimulus. ‘It’s very rare for monetary policy to be the focus of an election. We campaigned on the need to beat deflation, and our argument has won strong support. I hope the Bank of Japan accepts the results and takes an appropriate decision,’ he said. He has already threatened to change the Bank of Japan’s governing law if it refuses to comply.”
Related posts:
12 Detroit Houses Demolished Accidentally, Including Couple's [2013]
From North Korea, With Dread
Egypt grants diplomatic immunity to military officers who led bloody 2013 crackdown
Hedge Funds Gear Up for Another Big Short: High-Yield Bonds
Iran to citizens: avoid U.S. travel due to ‘targeted Iranophobia’
These Guys Want to Lend You Money Against Your Bitcoin
Turkey mine collapse: Erdogan told protesters they would be slapped
Big tobacco stubs out e-cigarette competitors
Google Glass targeted as symbol by anti-tech crowd
IRS lawyer: Lois Lerner's BlackBerry deliberately destroyed after probe
Little Rock airport to be renamed for Bill and Hillary Clinton
What Will Obamacare Cost You?
In China, Widening Discontent Among the Communist Party Faithful
Geneva unveils wireless electric bus technology
How a gov. spelling mistake bankrupted a 134-year-old family business