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Japan does not need excessively loose monetary policy, economy minister says

Kiuchi said Japan is no longer in deflation and does not need excessively loose policy, while leaving rate decisions to the Bank of Japan.

TOKYO, Oct 2 : Japan is no longer experiencing deflation so does not need excessively loose monetary policy for the pursuit of a higher inflation rate, Economy Minister Minoru Kiuchi said on Friday.Monetary policy decisions are the jurisdiction of the Bank of Japan, Kiuchi added, declining to comment on wheth

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Japan is no longer going through deflation and therefore does not need an excessively loose monetary policy to seek a higher inflation rate, said Economy Minister Minoru Kiuchi on Friday. Monetary policy decisions are the competence of the Bank of Japan, added Kiuchi, refusing to comment if the government [...]

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Channel News Asia broke the news in Singapore, Singapore on Friday, October 2, 2026.
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