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Reuters – ‎6 hours ago‎

 

* Boosting fund supply alone won’t beat deflation-Shirakawa

 

* Group of lawmakers submit list of demands to BOJ

 

* BOJ seen extending loan scheme for growth sectors

TOKYO, March 2 (Reuters) – Bank of Japan Governor Masaaki Shirakawa said consumer prices will gradually rise in the coming years, but that has not kept a group of ruling party lawmakers from demanding a higher price goal and further monetary stimulus in March.

Shirakawa said that while consumer inflation is currently flat, it will gradually pick up as the economy recovers due to a rebound in global growth and domestic fiscal spending for reconstruction from last year’s earthquake and tsunami.

BOJ says deflation fight on track, some not convinced

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