26-10-2016 13:27 via uk.news.yahoo.com

Japan PM Abe adviser says government should consider more fiscal stimulus

By Kaori Kaneko and Sumio Ito TOKYO (Reuters) - Japan should consider more government spending to maximise the impact of monetary policy, an adviser to Prime Minister Shinzo Abe said on Wednesday, indicating a shift in emphasis to fiscal from monetary policy. Koichi Hamada, long known as a "reflationist" keen to have the Bank of Japan flood the economy with cash to kindle price rises, singled out the role of fiscal stimulus after a recent policy shift by the central bank was taken to mean the BO
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