Japanese officials hogging the newswires

  • PM Noda: Important for government and BOJ to work closely on beating deflation
  • BOJ Shirakawa: Effect of monetary policy takes some time to appear; wants to achgieve 1% inflation goal asap; relying on monetary policy alone to defeat deflation can lead to unintended effects
  • EconMin Furukawa: Will take bold steps against excessive FX market fluctuations; Japan still in moderate deflation but pace is easing
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