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    BoJ to use helicopter money? - Nomura Ross J Burland

    Analysts at Nomura looked into the failure to achieve BOJ's inflation target and what options are open to monetary policymakers.Key Quotes:"We see little prospect of helicopter money being used any time soon. However, if inflation continues to fall short of the BOJ's target, we cannot rule out the possibility that pressure could mount for the BOJ to adopt radical policies such as the use of helicopter money.In that situation, the authorities could make their opposition to using helicopter money clear by easing their commitment to the BOJ's 2% inflation target.However, this would not be an easy option because it would risk further yen appreciation.Either way, the longer inflation remains low, the greater the likelihood that the BOJ will be obliged to adopt a more radical monetary policy."

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