Japan's Prime Minister Shinzo Abe makes a policy speech during the start of ordinary session at the lower house of parliament in Tokyo January 28, 2013. REUTERS/Toru Hanai
Japan PM: BOJ steps aimed at beating deflation, boosting economy
Posted : Tuesday, 29 January 2013 11:52PM
TOKYO (Reuters) - Japan's monetary and fiscal stimulus measures are aimed at beating deflation and boosting economic growth, Prime Minister Shinzo Abe said on Wednesday, shrugging off criticism from some overseas policymakers that Tokyo was trying to intentionally weaken the yen.
"I strongly hope that the Bank of Japan pursues bold monetary easing to achieve (2 percent inflation) as soon as possible," Abe said in parliament, keeping up pressure on the bank to expand monetary stimulus to beat deflation.
(Reporting by Leika Kihara; Editing by Shinichi Saoshiro)
(c) Copyright Thomson Reuters 2013. Check for restrictions at: http://about.reuters.com/fulllegal.asp