Abenomics

Abenomics describes the plans of Japanese Prime Minister Shinzo Abe to revive growth in the world’s third largest economy, which is struggling to find traction under the impact of a strong yen and stubborn deflation. 

Japan is aiming for an inflation rate of 2 per cent. Photo: Reuters

Bank of Japan minutes show member suggested limiting stimulus

One member of the Bank of Japan's policy board said limiting quantitative easing to two years could help stabilise the bond market, as the central bank's communications about its monetary policy might in fact be increasing volatility in Japanese government bonds.