Japan finance minister Aso: More or less escaped from economic depression

Japan finance minister Aso:

  • Expect BOJ to continue working with govt to achieve 2% inflation target
  • We have more or less escaped from economic depression associated with asset price deflation
  • Achieving 2% inflation is a way to prove Japan has escaped deflation

Aso and Motegi both speaking this morning but not with much new nor interesting. Pretty much more of the same really.

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