Bank of Japan head pledges to fight deflation

Toshihiko Fukui said at the weekend the central bank is ready to act on deflation. He also said that he sensed most participants of the G7 meeting showed strong interest as to what policy stance he will be taking as governor of the BOJ.

Source: Bloomberg

Toshihiko Fukui, in his international debut as governor of Japan's central bank, pledged to fight deflation in a bid to pull the world's second-largest economy out of a 12-year slump.

"I sensed that most participants there showed strong interest