Takenaka upbeat on Japan growth after Bank reform

Japan's economy and banking minister said Tuesday the economy could eventually return to growth as high as 2.5% after a slow-growth period of painful reform. Heizo Takenaka spoke at the Australian National University and maintained pressure on the Bank of Japan to adopt a more aggressive monetary policy to revive the deflating economy.

"The growth rate will be relatively low, say 0% to 1%" over the next two years, Takenaka told an audience of academics in Australia's national capital. "But aft

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