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 J

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