Japan Does Not Need Loose Monetary Policy
Economy Minister Minoru Kiuchi stated that Japan has emerged from deflation and no longer requires excessively loose monetary policy. He noted that current government strategies differ from past stimulus measures.
Japan no longer requires excessively loose monetary policy, Economy Minister Minoru Kiuchi said on Friday morning, signaling a clear shift away from past reflationary agendas. The remarks come as central bank officials weigh additional interest rate hikes.
