Tuesday, October 1, 2013

Japan's tax, spending plan double-edged sword for central bank

Japan's Prime Minister Shinzo Abe attends a news conference to announce a raise in the sales tax rate at his official residence in Tokyo By Leika Kihara TOKYO (Reuters) - The Japanese prime minister's policy mix announced on Tuesday of giving to the economy on the one hand and taking away with the other is set to complicate life for the central bank next year. It had already factored in an increase in the national sales tax to 8 percent from 5 percent from April 2014. Prime Minister Shinzo Abe confirmed the rise on Tuesday. ...








via Health News Headlines - Yahoo! News http://news.yahoo.com/japans-tax-spending-plan-double-edged-sword-central-210210844--business.html

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