March 26, 2019 / 1:07 AM / 4 months ago

Japan finmin Aso: never said two percent price target could be scrapped

Japan's Finance Minister Taro Aso attends the G20 Finance and Central Bank Deputies Meeting in Tokyo, Japan January 17, 2019. REUTERS/Issei Kato

TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday he did not mean to suggest that the central bank could ditch its 2 percent price target when he made a comment in parliament this month that Japan could be flexible in achieving the long-elusive goal.

“I never said we could retract the 2 percent inflation target,” Aso told reporters when asked to explain the earlier comment. He added that simply accelerating prices to 2 percent was “not good” and that it was important for the government to examine the overall economic situation.

Reporting by Tetsushi Kajimoto; Editing by Chang-Ran Kim

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below