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Japan's central bank chief vows to end deflation

New installations, governor of the bank of Japan said on Thursday that he plans to do anything he can to end deflation and break the economic downturn.
Prime minister Shinzo Abe (Shinzo Abe) after the meeting, Mr Kuroda told reporters, he reiterated his commitment to "do everything we can to get the economy out of deflation."
Shinzo Abe, and some experts see years of falling prices, tend not to encourage business investment, in the past 20 years of economic stagnation in Japan an important reason. However, after many years of close to zero interest rates, monetary policy can help much in doubt.
Mr Kuroda in office on Wednesday, to succeed, Masaaki Shirakawa, Masaaki Shirakawa), who stepped on three weeks before the end of his five-year term.
Mr Kuroda, the Asian development bank recently, led by the ministry of finance veteran, strongly supported Abe's economic strategies, including target of 2% inflation target, he says, he hopes that within two years, to meet.
 



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