A Japanese flag flutters atop the Bank of Japan building under construction in Tokyo, Japan, September 21, 2017. REUTERS/Toru Hanai
BOJ Governor Haruhiko Kuroda has said the central bank may hold an emergency meeting before a scheduled rate review in June to sign off on a scheme his staff has been working on under an order he issued last month. The central bank is widely expected to keep other monetary settings unchanged, including its interest rate targets.Under a policy dubbed yield curve control, the BOJ guides short-term rates at -0.1% and the long-term rate around zero via aggressive asset purchases.
Reduce consumption crisis by lowering consumption tax to half.
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