Koizumi aide raps BOJ for deflation failure

Former vice-minister for international affairs at Japan's finance ministry Haruhiko Kuroda on Sunday 26 October aunched a strong attack on the Bank of Japan (BOJ) for failing to perform its legal duty of halting deflation.

Source: The Business Times

A former senior official of Japan's ministry of finance yesterday launched a strong attack on the Bank of Japan (BOJ) for failing to perform its legal duty of halting deflation.

The BOJ should adopt bolder monetary measures such as an inflation targe