Japan's economy minister said on Friday the country is no longer in deflation and therefore does not need excessively loose monetary policy aimed at pushing inflation higher. He declined to say whether the government would oppose further Bank of Japa

2026-10-02

Japan's economy minister said on Friday the country is no longer in deflation and therefore does not need excessively loose monetary policy aimed at pushing inflation higher. He declined to say whether the government would oppose further Bank of Japan rate hikes, saying monetary policy decisions are the Bank of Japan's remit.