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Japan's Hamada says BOJ must ease further if Q3 GDP fails to grow

From news.forexlive.com

PM Abe's advisor on the wires a short while ago BOJ should ease if China policy causes over strong yen need fiscal steps if Japan Q3 GDP fails to grow declines to comment on current yen levels "The Q2 GDP numbers weren't good. If this continues for another quarter then it is hard to blame seasonal factors; So if GDP growth is zero or negative, then we will need both monetary easing and fiscal measures"; USDJPY heading higher at 119.40 after the earlier Nikkei led drop below 119.00; The comments follow on from those of LDP senior figure Nikai earlier; (full story)

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