Tanigaki warns BOJ in ending loose policy

Japanese Finance Minister Sadakazu Tanigaki on Monday 9 January urged the Bank of Japan to be cautious in determining when to end its ultra-loose monetary policy.

"It is a fact that deflation still continues in a moderate form, but I think Japan can emerge from deflation some this year," Tanigaki said after giving a speech at the Japan Society in New York.

"There is a need for (the BOJ) to make a careful assessment of data. It should not rush things," Tanigaki said when asked when he thought the

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