Deflation
Japan govt looks to great depression for econ fix
ARTICLE - More than a decade of economic stagnation, marked by financial crisis and deflation that brings the economy to its knees. Then, remarkably, a rapid recovery after a debt-buying binge by the central bank.
Speech by Nobuyuki Nakahara, Bank of Japan, 11 Dec
SPEECH - In the speech titled 'The Japanese Economy and Monetary Policy in a Deflationary Environment' Nakahara said the central bank should take radical monetary steps, including buying 200 billion yen ($1.59 billion) a month of foreign bonds or using…
IMF official calls for Japan deflation deadline
US - A top International Monetary Fund (IMF) and former Japan Finance Ministry official said on Friday the Bank of Japan should set a deadline to end deflation and stop a cycle of falling prices in the world's second largest economy.
BOJ's Hayami - FX moves need further monitoring
JAPAN - Bank of Japan Governor Masaru Hayami said Friday the 0.8% decline in Japanese consumer prices last year was "normal," apparently attempting to downplay concerns about deflation weighing on the economy.
Shiokawa - Need to consider money printing issue
JAPAN - Japanese Finance Minister Masajuro Shiokawa said Tuesday the government needs to examine various aspects of the idea of printing more money to stem deflation.
NZ's Brash wary of deflation
Speaking at a roadshow aimed at small businesses today the Governor of the Reserve Bank of New Zealand, Donald Brash stressed that deflation was just as much a concern as inflation with regard to defining price stability.
Japan Shiokawa/ Hayami: Reiterate need to reflate
JAPAN - Japanese Finance Minister Masajuro Shiokawa told Bank of Japan Governor Masaru Hayami on Friday he wants the BOJ to boost consumer prices back to levels seen before Japan was gripped by deflation.
Japan in new territory after two years deflation
JAPAN - The Japanese government admitted Friday that the country had notched up two entire years of deflation - a phenomenon not seen since the second world war in an industrialised country and only rarely experienced in history.
China central bank says deflation still a problem
CHINA - The threat that deflation will re-emerge continues, as domestic consumption remains weak, a senior central bank official wrote in a weekend article.
Japan deflation has both supply and demand causes
JAPAN - Bank of Japan Governor Masaru Hayami reiterated Tuesday 9 October that weak demand is increasingly dragging down the nation's prices but that the central bank alone can't fight deflation.
Financial stability, deflation, & monetary policy
CENTRAL BANK RESEARCH - This working paper by Federal Reserve Bank of Richmond economist Marvin Goodfriend explores the relationship between financial stability, deflation, and monetary policy.He says that monetary policy is a fundamental source of…