• Kyodo, Bloomberg

  • SHARE

Prime Minister Shinzo Abe on Friday praised the Bank of Japan for its decision to introduce unprecedented monetary easing measures to fight chronic deflation, while Finance Minister Taro Aso warned the bank could face difficulty achieving its 2 percent inflation goal.

“It is truly bold monetary easing on different levels, sending clear messages to markets,” Abe told a Diet committee meeting, adding the BOJ acted “as I had expected.”

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.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)