Takenaka asks BoJ to set inflation target

JAPAN - Financial Services Minister Heizo Takenaka has asked the Bank of Japan to set an inflation target in a bid to ease deflation pressure seen as a result of banks' bad loan write-offs, the Asahi Shimbun reported, citing government sources.

It said the minister made the request during talks on Thursday with BoJ governor Masaru Hayami, adding that the central bank is likely to discuss the topic when it opens a two-day policy board meeting this week.

Takenaka was appointed by Prime Minister

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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 individual account

.