Abe hopes BOJ to keep 'bold' monetary easing Japan not out of deflation
Shinzo Abe
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Monday  he  hoped the central bank would continue to promote âboldâ monetary easing  as the economy has yet to emerge decisively from deflation.
 Abe  rebuffed the view the Bank of Japanâs 2 percent inflation target was too ambitious for a country mired in two decades of deflation  saying the central bankâs commitment and actions to hit the target had helped revive the economy.
âA positive economic cycle is kicking off. I hope the BOJ continues to promote bold monetary easing to achieve its 2 percent inflation target â  Abe  told parliament.
 He  also said it was premature to declare an official end to deflation despite growing signs of strength in the economy.
âAn end to deflation means prices arenât falling consistently and there is assurance Japan wonât slip back into deflation in the future â  Abe  said. âWe need to look at developments more.â
The remarks come ahead of a leadership change at the BOJ with the five-year terms of Governor Haruhiko Kuroda and  his  two deputies expiring in April and March  respectively.
TOKYO (Reuters) -  [TGT]  said on Monday   [TGT]   hoped the central bank would continue to promote âboldâ monetary easing  as the economy has yet to emerge decisively from deflation.
  [TGT] rebuffed the view the Bank of Japanâs 2 percent inflation target was too ambitious for a country mired in two decades of deflation  saying the central bankâs commitment and actions to hit the target had helped revive the economy.
âA positive economic cycle is kicking off. I hope the BOJ continues to promote bold monetary easing to achieve its 2 percent inflation target â   [TGT] told parliament.
  [TGT]   also said it was premature to declare an official end to deflation despite growing signs of strength in the economy.
âAn end to deflation means prices arenât falling consistently and there is assurance Japan wonât slip back into deflation in the future â   [TGT] said. âWe need to look at developments more.â
The remarks come ahead of a leadership change at the BOJ with the five-year terms of Governor Haruhiko Kuroda and  his  two deputies expiring in April and March  respectively.