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Prime Minister Kishida “cannot say there is no chance of deflation returning” in response to Bank of Japan Governor’s remarks | NHK

Bank of Japan Governor Ueda stated final week that Japan’s financial system is “in a state of inflation, not deflation,” whereas Prime Minister Kishida stated, “We are usually not in a scenario the place we are able to say there isn’t any probability of going again to deflation.” It was acknowledged that the scenario has not but been overcome.

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