
BoJ's Miyao sees weaker yen as key to ending deflation

Ryuzo Miyao, a member of the Bank of Japan's policy board who pushed consistently for more easing under the previous governor Masaaki Shirakawa, today said a fall in the yen's value versus the dollar is a key pillar of Japan's strategy to return to consumer price inflation.
Addressing a meeting of business leaders in Gifu Prefecture, Miyao said that as the US economy "recovers steadily" over the coming two years, US interest rates will also "rise moderately" and put pressure on the US dollar to
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]