Japan’s Abe Tells Bernanke He Wants to Speed Up End of Deflation
- Bernanke says BOJ has instruments to ease monetary policy
- Abe orders fiscal economic stimulus package this month
Abe Meets With Bernanke: What Did They Discuss?
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Japanese Prime Minister Shinzo Abe told former Federal Reserve Chairman Ben S. Bernanke at a meeting in Tokyo he wants to speed up the nation’s exit from deflation, underscoring his commitment to implementing fresh economic stimulus.
"We are only halfway to the exit from deflation," Abe said at the start of the meeting at his residence Tuesday. "We want to be steadfast in accelerating our breakaway from deflation."