Government criticises Bank of Japan for excessive optimism


Hirohisa Fujii, Japan's minister of finance, said it was imperative that the central bank does not prematurely end its emergency measures, particularly just as signs suggest the economy is pulling out of recession.

In a meeting with regional ministry heads, Fujii said the central bank seemed to be repeatedly upbeat about national economic prospects, contrary to the ministry heads. In their report for July-September, they found evidence of recovery in output but stressed the overall situation sti

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