Shirakawa stresses efforts to end deflation

Bank of Japan Governor Masaaki Shirakawa, at his farewell news conference on Tuesday, said his 5-year term in office was a period of great upheaval. Shirakawa said that much has happened during his term, including the Lehman Brothers collapse, the ...

Masaaki Shirakawa, the outgoing governor of the Bank of Japan, said on Tuesday that there is no quick fix for an economy that has seen 15 years of deflation, adding that aggressive minting alone would be unsuccessful. A lack of cash isn't what's ...

Departing Bank of Japan Gov. Masaaki Shirakawa expressed regret Tuesday for not being able to end a decades-long struggle with deflation during his "turbulent" five years in office, but added that he believes a recovery is possible. Speaking on his ...

March 19 (Bloomberg) -- Outgoing Bank of Japan Governor Masaaki Shirakawa today concluded what he called an extreme time in office with a warning for his successor that increasing the supply of money alone won't end deflation. There is no link ...

Outgoing Bank of Japan Governor Masaaki Shirakawa on Tuesday recalled challenging five years in office, when the central bank policies helped Japan to come out rather unscathed after a series of crises shook the economy. Addressing his final press ...

G-7 central bank governors Masaaki Shirakawa of Japan, Ben Bernanke of the United States, Jean-Claude Trichet of the European Central Bank, Mario Draghi of Italy, and Mervyn King of the United Kingdom. To view this content, Javascript must be ...

Mr Suga's comments cast the trio in stark contrast with outgoing BoJ chief Masaaki Shirakawa, who clashed with the premier over monetary policy and will step down three weeks before the end of his term on March 19. Japan's business sector has been ...

(Updates with Shirakawa's final press conference in sixth paragraph.) March 19 (Bloomberg) -- Incoming Bank of Japan Governor Haruhiko Kuroda will have a veteran of quantitative easing as his top policy planner, after Masayoshi Amamiya was brought ...

The Bank of Japan's outgoing governor on Tuesday acknowledged he failed to end the country's long-running deflation, but pointed to better times ahead as he steps down from the post. Masaaki Shirakawa, 63, leaves the job about three weeks before the ...