Shiokawa - New anti-deflation steps to be concrete

JAPAN - A new round of anti-deflation steps being prepared by Japan's ruling coalition will likely flesh out the plan to combat falling prices already announced by the government, Finance Minister Masajuro Shiokawa said Tuesday.

The package released last month has been criticized for lacking in detail and merely repackaging old policy ideas. It includes calls for banks to clear bad loans from their balance sheets and the Bank of Japan to take 'decisive' policy action, as well as imposing tighter

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