Interview - McKibbin backs old friend Takenaka

INTERVIEW - In an interview given Monday Reserve Bank of Australia board member Warwick McKibbin supported his 'old friend' Japanese Economics Minister Heizo Takenaka's campaign to unite the government and central bank to fight deflation.

"I think it's absolutely critical the Bank (of Japan) moves away from the deflationary implications of what they are doing. The sooner the central bank generates some inflation the better," McKibbin said in an interview with Dow Jones Newswires Monday.

"You can

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