Japan Asakawa: BOJ alone cannot overcome deflationary mind set

Omkar Godbole FXStreet Contributor

Japan Ministry of Finance’s (MOF) Asakawa has reportedly said that the Bank of Japan (BOJ) alone may not be sufficient to overcome the long-lasting deflationary mindset.

Asakawa added that the uncertainty level has increased following US elections, Italian referendum.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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