Japan’s govt, central bank debate whether sustained exit from deflation is near
By Leika Kihara and Kentaro Sugiyama TOKYO (Reuters) -A meeting of the government’s top economic council on Monday focused on whether recent rises in inflation and wage growth suggest Japan was approaching a sustained exit from deflation. With inflation accelerating globally and wage growth picking up in Japan, discussions also touched on the desirable timing to end the Bank of Japan’s ultra-loose monetary policy, a government official told reporters. “While […]