Group of Seven finance leaders at their latest meeting in Sicily shared the view that prices in Japan are continuing to decline and downside risks remain.

Although Bank of Japan Gov. Masaru Hayami later said there was no call for quantitative credit easing, that’s exactly the initiative Japan’s G7 partners want the BOJ to take.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.