BOJ's Kamezaki: Japanese deflation imminent threat
Hidetoshi Kamezaki, a member of the policy board of the Bank of Japan, said persistent deflation posed a continued threat to Japan's producers and consumers.
In a speech to business leaders in Kochi, Japan on 25 March, Kamezaki said the main reason for Japan's current deflationary situation is the widening of the negative output gap.
"Deflation is disadvantageous for suppliers of goods and services but advantageous for consumers. This phenomenon seems like a zero-sum game on the surface, so, why
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