MOF denies asking BOJ to use inflation targets

JAPAN - Japanese Finance Minister Masajuro Shiokawa on 29 June played down a media report that government representatives at the Bank of Japan policy board meeting yesterday, 28 June, had put a strong request to the central bank to introduce an inflation-targeting policy.

"I would be happy if the bank eased policy at the next policy board meeting or later," Shiokawa told a news conference.

But, while the BOJ should act appropriately to stamp out deflation, Shiokawa said his ministry had made no