BoJ's Nakahara warns of deflation return

A Bank of Japan policy board member warned on Thursday 23 March that the BoJ is unlikely to need to tighten credit soon and should instead watch for renewed deflation.

Shin Nakahara said the central bank should have waited to confirm that years of falling prices had ended before it ended its ultra-easy monetary policy on 9 March.

"Consumer prices have turned positive on a year-on-year basis but the rises until December were extremely small, and rather than making a decision on the rise in

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: