• Kyodo News


The government called on the Bank of Japan to address the risk of deflation at the central bank’s Nov. 19-20 policy meeting, according to minutes of the meeting released Thursday.

“Deflation would be a significant risk factor with respect to the stability of the Japanese economy,” a representative from the Cabinet Office told the Policy Board meeting. “The government expected the bank to pay due attention to the risk of deflation” and continue to support the economy through its monetary policy, according to the minutes.

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