Japan Aso: BOJ's aggressive stimulus should be appreciated

TOKYO Thu Apr 3, 2014 9:33pm EDT

Japan's Deputy Prime Minister and Finance Minister Taro Aso smiles as he adjusts his headphones during a seminar at the Asian Development Bank's (ADB) 46th annual board meeting in Greater Noida, on the outskirts of New Delhi May 3, 2013. REUTERS/Adnan Abidi

Japan's Deputy Prime Minister and Finance Minister Taro Aso smiles as he adjusts his headphones during a seminar at the Asian Development Bank's (ADB) 46th annual board meeting in Greater Noida, on the outskirts of New Delhi May 3, 2013.

Credit: Reuters/Adnan Abidi

Related Topics

TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Friday that the Bank of Japan's aggressive monetary easing, announced exactly a year ago, should be appreciated as it helped boost consumer inflation and drive economic growth.

Aso made the remark when asked about how he would evaluate the central bank's aggressive monetary stimulus unleashed under Governor Haruhiko Kuroda.

The BOJ is expected to stand pat on monetary policy and maintain an upbeat view of the economy at its policy meeting next week, unfazed by corporate-sector concerns a sales tax hike may dent growth and delay a sustainable exit from deflation.

(Reporting by Tetsushi Kajimoto; Editing by Dominic Lau)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

Recommended Newsletters

Reuters U.S. Top News
A quick-fix on the day's news published with Reuters videos and award-winning news photography and delivered at your choice of one of four times during the day.
Reuters Deals Today
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.
Reuters Technology Report
Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents.