Jul 31st, 2015

Japan's Main Challenge Is to Avoid Deflation: Stein

Consumer price gains in Japan remained little more than zero in June while household spending dropped, challenging the central bank’s effort to spur inflation. "The main thing for them is actually to avoid deflation," Gabriel Stein, asset management services director at Oxford Economics, said in an interview with Anna Edwards on Bloomberg Television's "Countdown." (Source: Bloomberg)