Japanese policy makers clash over economy

JAPAN - Japanese policy makers are increasingly clashing on how to fix the nation's moribund economy, with the finance minister issuing a clear call for re-inflating the economy by actively boosting price levels, even as the central bank decided not to loosen credit further.

In an unusual declaration, Finance Minister Masajuro Shiokawa told Parliament Friday that he wanted to see consumer prices rise back to levels of four years ago. "Price levels have fallen by 1.3% or 1.4% since 1997," said Mr

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