Speech by Shin Nakahara, Bank of Japan, 20 Feb

SPEECH - In the speech titled 'State of Japan's Economy and Policy Measures' Nakahara said the Bank of Japan may have to resort to unconventional policy steps if falling prices and economic deterioration spiral out of control.

This article is based on a speech given by Shin Nakahara, a member of the Policy Board of the Bank of Japan, to the Spanish Embassy in Tokyo on 20 February, released 5 March.

State of Japan's Economy and Policy Measures

1. Introduction

Thank you very much Mr. Chairman. I am

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