The outlook for Japanese sovereign debt would improve if the Bank of Japan (BoJ) took measures to reflate the economy, according to rating agency Moody's Investors Service. As the BoJ decides on a new governor to replace outgoing Masaru Hayami in March, there is doubt about the commitment of prospective candidates to pursuing an aggressive policy to tackle deflation.
Source: Risk magazine | 15 Jan 2003
Updating your subscription status
Risk iPad and iPhone Apps