Business Feb 25, 2000

Managed inflation untested, not the answer

With signs of quick economic recovery still nowhere in sight, debate is continuing amid considerable dissension on policy options linked to an inflation target rate. Hideyuki Aizawa, the Liberal Democratic Party's re- search subcommittee chairman, is advocating the policy. His working party, set up earlier this ...

Business Jan 28, 2000

Finance meeting ends rates speculation

Last week's Group of Seven meeting of financial leaders in Tokyo provided Japan with an opportunity to clear up doubts about its monetary policy options. Japan declared that it will maintain its zero interest rate policy, capping speculation over the monetary policy pursued by the ...