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Japan's ministers deny report government thinking of calling end to deflation
Japan's top government ministers denied a media report that Tokyo is considering calling an end to deflation, adding policymakers are focused on ensuring the economy doesn't revert to a protracted period of falling prices. Kyodo news reported over the weekend that Japan is considering making an announcement of an end to deflation in the wake of rising prices, a move that would turn a new page for the world's fourth-largest economy after decades of economic stagnation. The weekend report cited sources with knowledge of the matter and comes amid growing market bets that the Bank of Japan will soon exit its ultra-easy ... (full story)
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