Japan's Motegi, Aso: Japan has mostly escaped deflation, economic depression
|Japan's Economy Minister Toshimitsu Motegi and Finance Minister Taro Aso have been hitting the wires today, providing their outlook on the Japanese economy.
Key Highlights:
- Motegi: Japan will soon be out of deflation situation for good
- Motegi: Hopes the re-appointed BoJ Governor Kuroda and new Deputy Governors continue doing their best at the central bank
- Aso: Japan has 'more or less' escaped economic depression
- Aso: Expects BoJ to continue working with government to achieve 2% growth target
- Aso: Achieving 2% growth will prove Japan has escaped stagnating deflationary trap
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