BoJ deputy says Abe's third arrow must hit target
Japanese deputy governor calls for supply-side reforms
Raising the potential growth of the Japanese economy is of "vital importance", according to Bank of Japan deputy governor Hiroshi Nakaso, who highlighted the importance of supply-side reforms in a speech yesterday.
Nakaso told an audience at the Athens symposium on Banking Union, Monetary Policy and Economic Growth that, together with a recovery in demand, lower potential growth had actually contributed to the recent increase in inflation.
The BoJ is not, however, attempting to increase
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