Snap election spells headache for BoJ

Japanese prime minister Shinzo Abe
Shinzo Abe

Japanese prime minister Shinzo Abe today called a snap election to seek support for deferring a planned consumption tax hike, but the move may prove troublesome for the Bank of Japan's (BoJ) programme of quantitative easing.

Speculation has been rife in recent days that Abe would call an election two years before the 2016 deadline. Disappointing GDP figures released yesterday seem to have been the turning point, and the Japanese parliament will now be dissolved on Friday. Elections will be held

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: