Shirakawa calls for increase in Japan’s potential for growth

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The governor of the Bank of Japan, Masaaki Shirakawa, on September 6 said powerful monetary easing has created accommodative financial conditions in Japan, and now the private sector must step in and accelerate potential growth.

Speaking at a Yomiuri International Economic Society meeting in Tokyo, he said the central bank has cultivated conditions that encourage firms and households to embark on business investment and consumer spending.

Shirakawa said central bank initiatives such as asset

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