Anti-deflation drive sparks BOJ fear over autonomy

ARTICLE - The central bank gets the jitters now that finance chief Takenaka takes up its challenge on economy. The Bank of Japan is worried that the government's latest campaign to stamp out deflation and buoy the economy will compromise its autonomy.

Originally published in The Asahi Shimbun, 10 October.

Fresh from announcing a take-no-prisoners offensive on non-performing bank loans, new finance chief Heizo Takenaka says he wants to enlist the central bank's help to stimulate the economy


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