Japan EconMin Marhara: Says he requested meeting with Fed’s Bernanke
- Says cannot say definitely whether economy is shrinking.
- Says has sense of crisis over Japan economy.
- Must pass deficit bond bill soon.
- Will discuss global economy with Fed, ECB today.
- Government will work together with BOJ to beat deflation.
- Must be vigilant to overseas slowdown, market moves as they are posing downward pressure on Japan’s economy.
- Unthinkable to not talk about strong yen pain on Japan exports in meetings with Fed’s Bernanke, ECB’s Draghi.
- Government will continue to ask the BOJ to pursue powerful monetary easing, achieve its 1% inflation target.
- PM Noda has pledged to pull Japan out of deflation within a year, BOJ has crucial role to play in achieving this.
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