Tanigaki says BOJ and gov't want deflation end

The Japanese government and the Bank of Japan share the same view on interest rates and both want to end deflation, Finance Minister Sadakazu Tanigaki told a press conference in Tokyo Tuesday 8 March.

"We are basically in step," Tanigaki said when asked whether the government and the bank share views on interest rates. "But rather than long-term interest rates, ending deflation is the most important thing. We both feel that we need to do whatever is necessary" to end sustained price declines.

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