We are in dangerous waters -- close to falling into a deflationary spiral
,'' he said.
Economic and fiscal policy minister Heizo Takenaka denied Friday that Japan is facing pressure from the United States to step up measures to support its flagging economy and prevent it from falling into a deflationary spiral
The fund's advice to Japanese monetary authorities is that they must adopt an aggressive monetary policy to bring Japan's deflationary spiral
to an early end.
The government expects the extra budget to help shore up the flagging economy and prevent it from falling further into a deflationary spiral
Under present conditions, in which consumption and employment are bad, there is a risk of the economy falling into a deflationary spiral
, and we cannot be optimistic,'' said Koichi Haji, chief economist at the NLI Research Institute.
With fears of a deflationary spiral
expanding, the significance of discussions on ways to realize growth is not small.
Nobuo Yamaguchi, chairman of the Japan Chamber of Commerce and Industry, said the government should do its best to avert a deflationary spiral
I'm determined to prevent Japan from tumbling into a deflationary spiral
,'' Koizumi was quoted as telling senior ruling Liberal Democratic Party officials at his official residence.
In particular, he must move decisively to meet the double threat of a deflationary spiral
and a banking meltdown.
Also pushing up the dollar was an article in the Financial Times by Haruhiko Kuroda, vice finance minister for international affairs, and his deputy Masahiro Kawai, saying global reflation is urgently needed to avoid a deflationary spiral
A major drop in asset prices at a time when the economy is barely balancing itself would be a great shock, and carries the risk of falling into a deflationary spiral
,'' Fukui told a House of Councillors committee.
The dollar also benefited from a newspaper article by Haruhiko Kuroda and Masahiro Kawai, vice finance minister and deputy vice-minister for international affairs, respectively, calling on the need for global reflation to prevent a deflationary spiral