LDP Yamamoto - Won't keep axe over BOJ gov head

JAPAN - Pumping up the pressure on the Bank of Japan to ease credit further to halt deflation, a leading ruling party critic of the central bank has moved a step closer to taking the BOJ Law into his own hands.

Liberal Democratic Party lawmaker Kozo Yamamoto said in an interview on 9 August that he will push for legal changes to mandate that the central bank set a price stability or inflation target. But he softened his earlier hardline position that the prime minister ought to have the power

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