Japan pledges new approach to avoiding deflation
TOKYO: The Bank of Japan on Friday unveiled a plan to examine more effective ways to achieve its 2% inflation target, following in the foot steps of its US and European peers as a renewed spike in infections threatened to derail a fragile recovery.As widely expected, the central bank kept …
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Deflation rears its ugly head again in Japan
(ATF) The threat of deflation in Japan reared its head again Friday as data showed consumer prices had fallen the most in a decade last month, sparking a selloff in stocks.An announcement by Finance Minister Taro Aso that talks with the Bank of Japan on a financial stability package were …
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