Japanese economy flounders after sales tax rise

http://www.ft.com/intl/cms/s/0/a0a023c0-2f2f-11e4-a054-00144feabdc0.html?siteedition=intl#axzz3C99isXzS

2014.08.29
By Jonathan Soble



"The bank has set a target for core inflation of 2 per cent but most private sector economists believe that, unless demand in the economy picks up suddenly, more monetary stimulus will be needed to reach it. Yet simply printing more money could further widen the price-wage gap, in the short term if not the longer."