BOJ's Iwata: Deflation end needs 'one more stroke'

Kazumasa Iwata, one of the Bank of Japan's two deputy governors, said on Friday 4 March that the Japanese economy needs to improve by "one more stroke" to overcome deflation of almost seven years.

``We need to see one more stroke,'' Iwata said at an economic symposium today in the western Japanese city of Osaka.

Iwata said the BoJ's policy of keeping borrowing costs at almost zero and the government's attempt to curb public debt has helped to slow Japan's deflation.

Looking at the ``basic trend

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: