Adviser to Japanese PM Abe Heizo Takenaka speaking in an interview, headlines on Bloomberg:

  • Says Japan should compile a supplementary budget in Autumn, 5 tln yen
  • This should be followed by further Bank of Japan easing

Takenaka is a professor at Keio University and, as noted, an adviser to PM Abe.

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Earlier: Abe says willing to do whatever it takes to put economy on track