Arab Today, arab today japan likely to set 2 inflation goal
Last Updated : GMT 05:52:42
Arab Today, arab today
Arab Today, arab today

Japan likely to set 2% inflation goal

Arab Today, arab today

Arab Today, arab today Japan likely to set 2% inflation goal

Tokyo - UPI

The new Japanese Cabinet and the Bank of Japan appeared closer Monday to setting a 2 percent inflation target to lift Japan's out of its persistent deflation.Akira Amari, economic and fiscal policy minister in the Cabinet of Prime Minister Shinzo Abe, said the government and the country's central bank were near an agreement to include the doubling of the inflation target in their policy coordination efforts, expected to be released after the bank's policy meeting Monday and Tuesday, Kyodo News reported. Speaking on NHK television channel, Amari said the agreement will likely be a joint declaration or joint statement, the report said. "The government and the BOJ will be able to share things that they have not been able to until now," Amari said. Abe, who returned as prime minister after his Liberal Democratic Party won a landslide victory in parliamentary elections in December, has made it his main task to end the chronic decade-long deflation that has again pushed Japan's economy into a mild recession. Japan's economy, the third-largest in the world after that of the United States and China, also has been hit by falling exports and weak domestic demand since the devastating earthquake and tsunami in March 2011. One analyst told Kyodo the central bank should immediately take such steps to help Abe accomplish his anti-deflationary goal before the planned sales tax hikes begin to take effect next year. The concern among some experts is that monetary easing such as raising the inflation target could push food and energy costs higher for the common people. The Yomiuri Shimbun, quoting sources, reported after setting a clear inflation target, the BOJ will go ahead with monetary easing while the Abe government looks for ways to raise economic growth.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan likely to set 2 inflation goal Arab Today, arab today japan likely to set 2 inflation goal

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan likely to set 2 inflation goal Arab Today, arab today japan likely to set 2 inflation goal

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday