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 January

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: