Japan PM Abe calls for continued ‘bold’ Bank of Japan easing

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe said on Monday he hoped the central bank would continue to promote “bold” monetary easing to achieve its 2 percent inflation target.

He also said it was premature to declare an end to deflation despite growing signs of strength in the economy.

“An end to deflation means prices aren’t falling consistently and there is assurance Japan won’t slip back into deflation in the future,” Abe told parliament. “We need to look at developments more.”

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.