BOJ Official Says Tax Won't Choke Recovery

TOKYO—The Japanese economy can withstand headwinds from a coming sales tax increase in April, a senior Bank of Japan official said Monday, brushing aside concerns that the higher levy will choke off the nation’s recovery.
The remarks by the BOJ’s chief staff economist, Eiji Maeda, underscore the central bank’s confidence in its current outlook, and come in the face of growing expectations that the central bank will be forced to…

Link: BOJ Official Says Tax Won’t Choke Recovery